TAMAN KHENG TIAN

Area Intelligence
2023
Median Price
RM 370,000
PSF: RM 539

Residential PSF Trends

Median Price

RM 370,000

PSF: RM 539

Commercial PSF Trends

Median Price

RM 1,400,000

RM 1,198 PSF

TAMAN KHENG TIAN in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 539.

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 370K, with most transactions falling within a stable range of RM 360K to RM 389K, and a typical market range of RM 360K to RM 395K.

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

For price per square foot, the median is RM 539, with most transactions between RM 508 and RM 570. The usual range is RM 502.00 to RM 576.00, 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

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Transactions

5 transactions grouped by size

650 sqft
Flat
RM 360,000
Level 19
667 sqft · RM 539 PSF
RM 360,000
Level 11
667 sqft · RM 539 PSF
RM 410,000
Level 12
667 sqft · RM 614 PSF
700 sqft
Flat
RM 370,000
Level 15
700 sqft · RM 529 PSF
RM 389,000
Level 14
700 sqft · RM 556 PSF

No Properties For Sale

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

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