Penang
Timur Laut
Jelutong
TAMAN SENTRAL

TAMAN SENTRAL

Area Intelligence

2023

Median Price

RM 1,335,000

PSF: RM 542

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Residential PSF Trends

Median Price

RM 1,335,000

PSF: RM 542

TAMAN SENTRAL in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 1.34 million and a median price per square foot (PSF) of RM 542.

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 1.34 million, with most transactions falling within a stable range of RM 1.28 million to RM 500K, and a typical market range of RM 895K to RM 500K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 542, with core pricing between RM 462 and RM 621. Market pricing typically extends from RM 512.00 to RM 571.00, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 80, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SENTRAL, Timur Laut, Penang

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