Penang
Timur Laut
Tanjung Bungah
TAMAN HILL SIDE

TAMAN HILL SIDE

Area Intelligence

2022

Median Price

RM 405,000

PSF: RM 570

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Residential PSF Trends

Median Price

RM 405,000

PSF: RM 570

TAMAN HILL SIDE in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 405K and a median price per square foot (PSF) of RM 570.

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 405K, with most transactions falling within a stable range of RM 360K to RM 450K, and a typical market range of RM 397K to RM 413K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 570, with core pricing between RM 507 and RM 633. Market pricing typically extends from RM 558.63 to RM 581.38, reflecting moderate variation in unit pricing. With an IQR of RM 22.75 and MAD of RM 63, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN HILL SIDE, Timur Laut, Penang

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