TAMAN CONCORD in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 710K 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 710K, with most transactions falling within a stable range of RM 560K to RM 860K, and a typical market range of RM 538K to RM 883K.
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 474 and RM 614. Market pricing typically extends from RM 490.50 to RM 597.50, 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.
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.
