DESA TANJUNG in Timur Laut, Penang recorded 0 subsale transactions in 2023, with a median price of RM 720K and a median price per square foot (PSF) of RM 672.
This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 720K, with most transactions falling within a stable range of RM 550K to RM 890K, and a typical market range of RM 620K to RM 820K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
For price per square foot, the median is RM 672, with most transactions between RM 643 and RM 701. The usual range is RM 567.00 to RM 777.00, showing that most units are priced quite close to each other. With an IQR of RM 210.00 and MAD of RM 29, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
