Taman Concord
35, Lorong Batu Bukit 2, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
35, Lorong Batu Bukit 2, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 350,500
RM 543 psfMedian transaction price
35, Lorong Batu Bukit 2, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsTaman Concord in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, up to 1,000 sqft, with a median price of RM 351K and a median price per square foot (PSF) of RM 543.
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 351K, with most transactions falling within a stable range of RM 333K to RM 368K, and a typical market range of RM 333K to RM 368K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 543, with most transactions between RM 543 and RM 543. The usual range is RM 492.84 to RM 592.59, showing that most units are priced quite close to each other. With an IQR of RM 99.75 and MAD of RM 0, 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.