Penang
Timur Laut
Jelutong
TAMAN SENTRAL

TAMAN SENTRAL

Area Intelligence

2024

Median Price

RM 435,000

PSF: RM 525

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Residential PSF Trends

Median Price

RM 435,000

PSF: RM 525

TAMAN SENTRAL in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 435K and a median price per square foot (PSF) of RM 525.

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 435K, with most transactions falling within a stable range of RM 420K to RM 450K, and a typical market range of RM 420K to RM 450K.

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

For price per square foot, the median is RM 525, with most transactions between RM 507 and RM 543. The usual range is RM 495.50 to RM 554.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 18, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SENTRAL, Timur Laut, Penang

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