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 715,000
RM 546 psfMedian transaction price
35, Lorong Batu Bukit 2, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsTaman Concord in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 738K and a median price per square foot (PSF) of RM 545.
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 738K, with most transactions falling within a stable range of RM 553K to RM 923K, and a typical market range of RM 548K to RM 928K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 545, with core pricing between RM 488 and RM 602. Market pricing typically extends from RM 495.13 to RM 594.88, reflecting moderate variation in unit pricing. With an IQR of RM 99.75 and MAD of RM 57, 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.