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 Baba Ahmad
|
RM 650,000
|
RM 546
|
1,190 sqft
|
|
|
Jalan Concord 9
|
RM 1,250,000
|
RM 1,019
|
1,227 sqft
|
|
|
Jalan Heah Joo Seang
|
RM 640,000
|
RM 468
|
1,367 sqft
|
|
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Market Snapshot
ResidentialRM 650,000
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 3 subsale transactions in 2024, with a median price of RM 650K and a median price per square foot (PSF) of RM 546.
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 650K, with most transactions falling within a stable range of RM 640K to RM 935K, and a typical market range of RM 640K to RM 840K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 546, though individual units vary from RM 303 to RM 789 in the core range. The broader market spans RM 496.37 to RM 596.12, indicating diverse property characteristics. A wider spread (IQR: RM 99.75) and deviation (MAD: RM 243) 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.