Taman Medan Penaga

82,Lebuhraya Batu Lanchang, Taman, Medan Penaga, Batu Lanchang, 11600 George Town, Penang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 386,000
PSF
RM 481
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM 240,000
Level 3
700 sqft · RM 343 PSF
800 sqft
Flat
RM 350,000
Level 3
818 sqft · RM 428 PSF
RM 388,000
Level 2
807 sqft · RM 481 PSF
RM 400,000
Level 6
797 sqft · RM 502 PSF
RM 386,000
Level 4
786 sqft · RM 491 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 386,000

RM 481 psf

Median transaction price

Taman Medan Penaga
© OpenStreetMap · CARTO

82,Lebuhraya Batu Lanchang, Taman, Medan Penaga, Batu Lanchang, 11600 George Town, Penang, Malaysia

Maps

Taman Medan Penaga in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 386K and a median price per square foot (PSF) of RM 481.

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 386K, with most transactions falling within a stable range of RM 327K to RM 400K, and a typical market range of RM 344K to RM 400K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 481, with core pricing between RM 422 and RM 539. Market pricing typically extends from RM 446.12 to RM 515.12, reflecting moderate variation in unit pricing. With an IQR of RM 69.00 and MAD of RM 59, 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.