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 3
|
RM 215,000
|
RM 307
|
700 sqft
|
|
|
|
Level 4
|
RM 290,000
|
RM 414
|
700 sqft
|
|
|
|
Level 4
|
RM 185,000
|
RM 264
|
700 sqft
|
|
|
|
Level 3
|
RM 240,000
|
RM 343
|
700 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 370,000
|
RM 465
|
797 sqft
|
|
|
|
Level 5
|
RM 330,000
|
RM 409
|
807 sqft
|
|
|
|
Level 3
|
RM 350,000
|
RM 428
|
818 sqft
|
|
|
|
Level 2
|
RM 388,000
|
RM 481
|
807 sqft
|
|
|
|
Level 6
|
RM 400,000
|
RM 502
|
797 sqft
|
|
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Market Snapshot
ResidentialRM 337,500
RM 421 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 12 subsale transactions between 2021 and 2026, with a median price of RM 338K and a median price per square foot (PSF) of RM 421.
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 338K, with most transactions falling within a stable range of RM 269K to RM 400K, and a typical market range of RM 295K to RM 380K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 421, with core pricing between RM 350 and RM 492. Market pricing typically extends from RM 386.42 to RM 455.42, reflecting moderate variation in unit pricing. The spread of RM 69.00 (IQR) and deviation of RM 71 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.