Jalan Tanjung Bungah

Jalan Tanjung Bungah in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 2.05 million and a median price per square foot (PSF) of RM 531.

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 2.05 million, with most transactions falling within a stable range of RM 377K to RM 3.72 million, and a typical market range of RM 466K to RM 3.63 million.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 531, though individual units vary from RM 280 to RM 783 in the core range. The broader market spans RM 390.63 to RM 672.13, indicating diverse property characteristics. A wider spread (IQR: RM 281.50) and deviation (MAD: RM 252) indicate significant PSF variations, likely due to diverse property types or conditions.

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.