Taman Medan Penaga
82,Lebuhraya Batu Lanchang, Taman, Medan Penaga, Batu Lanchang, 11600 George Town, Penang, Malaysia
82,Lebuhraya Batu Lanchang, Taman, Medan Penaga, Batu Lanchang, 11600 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 290,000
|
RM 414
|
700 sqft
|
|
|
|
Level 3
|
RM 215,000
|
RM 307
|
700 sqft
|
|
|
|
Level 4
|
RM 185,000
|
RM 264
|
700 sqft
|
|
|
|
Level 3
|
RM 240,000
|
RM 343
|
700 sqft
|
|
|
|
Level 1
|
RM 300,000
|
RM 422
|
710 sqft
|
|
|
Level 6
|
RM 295,000
|
RM 375
|
786 sqft
|
|
|
|
Level 2
|
RM 345,000
|
RM 439
|
786 sqft
|
|
|
|
Level 9
|
RM 380,000
|
RM 484
|
786 sqft
|
|
|
|
Level 5
|
RM 330,000
|
RM 409
|
807 sqft
|
|
|
|
Level 5
|
RM 370,000
|
RM 465
|
797 sqft
|
|
|
|
Level 3
|
RM 350,000
|
RM 428
|
818 sqft
|
|
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Market Snapshot
ResidentialRM 350,000
RM 439 psfMedian transaction price
82,Lebuhraya Batu Lanchang, Taman, Medan Penaga, Batu Lanchang, 11600 George Town, Penang, Malaysia
MapsTaman Medan Penaga in Timur Laut, Penang recorded 17 subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 439.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 312K to RM 388K, and a typical market range of RM 308K to RM 393K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 439, with most transactions between RM 400 and RM 478. The usual range is RM 404.56 to RM 473.56, showing that most units are priced quite close to each other. With an IQR of RM 69.00 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.