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
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Chee Swee Ee
|
RM 625,000
|
RM 471
|
1,328 sqft
|
|
|
Jalan Concord 9
|
RM 985,000
|
RM 715
|
1,378 sqft
|
|
|
Jalan Concord 9
|
RM 1,300,000
|
RM 562
|
2,314 sqft
|
|
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Market Snapshot
ResidentialRM 985,000
RM 562 psfMedian transaction price
35, Lorong Batu Bukit 2, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsTaman 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 562.
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 795K to RM 1.18 million.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 562, with core pricing between RM 461 and RM 663. Market pricing typically extends from RM 511.87 to RM 611.62, reflecting moderate variation in unit pricing. The spread of RM 99.75 (IQR) and deviation of RM 101 (MAD) suggest moderate price variations reflecting different property features.
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.