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
|
|
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Market Snapshot
ResidentialRM 290,000
RM 375 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 3 subsale transactions in 2026, with a median price of RM 290K and a median price per square foot (PSF) of RM 375.
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 290K, with most transactions falling within a stable range of RM 253K to RM 295K, and a typical market range of RM 248K to RM 295K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 375, with core pricing between RM 331 and RM 419. Market pricing typically extends from RM 340.50 to RM 409.50, reflecting moderate variation in unit pricing. With an IQR of RM 69.00 and MAD of RM 44, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.