TAMAN KHENG TIAN

Area Intelligence
2021
Median Price
RM 342,500
PSF: RM 497

Residential PSF Trends

Median Price

RM 342,500

PSF: RM 497

Commercial PSF Trends

Median Price

RM 1,400,000

RM 1,198 PSF

TAMAN KHENG TIAN in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 343K and a median price per square foot (PSF) of RM 497.

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 343K, with most transactions falling within a stable range of RM 319K to RM 367K, and a typical market range of RM 318K to RM 368K.

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

For price per square foot, the median is RM 497, with most transactions between RM 461 and RM 533. The usual range is RM 460.00 to RM 534.00, showing that most units are priced quite close to each other. With an IQR of RM 74.00 and MAD of RM 36, 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

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