The Cove
Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 2,150,000
|
RM 369
|
5,834 sqft
|
|
|
|
Level 9
|
RM 2,700,000
|
RM 463
|
5,834 sqft
|
|
Posts about The Cove
No posts about The Cove yet. Be the first to share what’s happening here.
Promote your property to visitors of this page
Market Snapshot
ResidentialRM 2,425,000
RM 416 psfMedian transaction price
The Cove, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Cove in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 2.43 million and a median price per square foot (PSF) of RM 416.
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 2.43 million, with most transactions falling within a stable range of RM 2.15 million to RM 2.70 million, and a typical market range of RM 2.15 million to RM 2.70 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 416, with core pricing between RM 369 and RM 463. Market pricing typically extends from RM 368.66 to RM 462.66, reflecting moderate variation in unit pricing. With an IQR of RM 94.00 and MAD of RM 47, 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.