TAMAN CONCORD

TAMAN CONCORD in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 713K and a median price per square foot (PSF) of RM 544.

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 713K, with most transactions falling within a stable range of RM 458K to RM 967K, and a typical market range of RM 530K to RM 895K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 544, with core pricing between RM 466 and RM 621. Market pricing typically extends from RM 471.50 to RM 615.50, reflecting moderate variation in unit pricing. With an IQR of RM 144.00 and MAD of RM 77, 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.