TAMAN CONCORD

Area Intelligence
2022
Median Price
RM 985,000
PSF: RM 471

Residential PSF Trends

Median Price

RM 985,000

PSF: RM 471

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 709K to RM 1.26 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.

Price per square foot shows a median of RM 471, though individual units vary from RM 300 to RM 642 in the core range. The broader market spans RM 417.50 to RM 524.50, indicating diverse property characteristics. A wider spread (IQR: RM 107.00) and deviation (MAD: RM 171) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CONCORD, Timur Laut, Penang

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Transactions

3 transactions grouped by size

1,200 sqft
Double Storey Terraced
RM 985,000
JALAN CONCORD 9
1,184 sqft · RM 832 PSF
1,350 sqft
Single Storey Terraced
RM 625,000
JALAN CHEE SWEE EE
1,328 sqft · RM 471 PSF
2,800 sqft
Double Storey Terraced
RM 1,300,000
JALAN CONCORD 9
2,788 sqft · RM 466 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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