Penang
Timur Laut
Tanjung Bungah
TAMAN TANJONG - R/PANGSA

TAMAN TANJONG - R/PANGSA

Area Intelligence

2023

Median Price

RM 412,500

PSF: RM 504

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Residential PSF Trends

Median Price

RM 412,500

PSF: RM 504

TAMAN TANJONG - R/PANGSA in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 413K and a median price per square foot (PSF) of RM 504.

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 413K, with most transactions falling within a stable range of RM 373K to RM 453K, and a typical market range of RM 360K to RM 465K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 504, with most transactions between RM 455 and RM 553. The usual range is RM 440.00 to RM 568.00, showing that most units are priced quite close to each other. With an IQR of RM 128.00 and MAD of RM 49, 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 TANJONG - R/PANGSA, Timur Laut, Penang

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