TAMAN KHENG TIAN

Area Intelligence
2022
Median Price
RM 362,500
PSF: RM 532

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 524

Commercial PSF Trends

Median Price

RM 970,000

RM 1,306 PSF

TAMAN KHENG TIAN in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 363K and a median price per square foot (PSF) of RM 532.

This area contains both residential and commercial properties. View 24 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 363K, with most transactions falling within a stable range of RM 341K to RM 384K, and a typical market range of RM 338K to RM 388K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 532, with most transactions between RM 500 and RM 563. The usual range is RM 494.50 to RM 568.50, showing that most units are priced quite close to each other. With an IQR of RM 74.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN KHENG TIAN, Timur Laut, Penang

OSM

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Transactions

9 transactions grouped by size

650 sqft
Flat
RM 360,000
Level 20
667 sqft · RM 539 PSF
RM 388,000
Level 22
667 sqft · RM 581 PSF
RM 350,000
Level 24
667 sqft · RM 524 PSF
RM 320,000
Level 9
667 sqft · RM 480 PSF
700 sqft
Flat
RM 380,000
Level 24
689 sqft · RM 552 PSF
RM 353,000
Level 18
700 sqft · RM 505 PSF
RM 390,000
Level 14
689 sqft · RM 566 PSF
RM 365,000
Level 17
700 sqft · RM 522 PSF
RM 348,000
Level 13
700 sqft · RM 497 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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