TAMAN CONCORD

TAMAN CONCORD in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 985K and a median price per square foot (PSF) of RM 471.

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 985K, with most transactions falling within a stable range of RM 835K to RM 1.14 million, and a typical market range of RM 813K to RM 1.16 million.

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

The median PSF stands at RM 471, with core pricing between RM 401 and RM 541. Market pricing typically extends from RM 417.50 to RM 524.50, reflecting moderate variation in unit pricing. With an IQR of RM 107.00 and MAD of RM 70, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.