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 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
|
|
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Market Snapshot
ResidentialRM 292,500
RM 395 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 6 subsale transactions between 2021 and 2026, with a median price of RM 293K and a median price per square foot (PSF) of RM 395.
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 293K, with most transactions falling within a stable range of RM 225K to RM 360K, and a typical market range of RM 250K to RM 335K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 395, with core pricing between RM 319 and RM 470. Market pricing typically extends from RM 360.00 to RM 429.00, reflecting moderate variation in unit pricing. The spread of RM 69.00 (IQR) and deviation of RM 75 (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.