Fettes Park

38, Jalan Fettes, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM 700,000

RM 517 psf

Median transaction price

Fettes Park
© OpenStreetMap · CARTO

38, Jalan Fettes, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Fettes Park in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 900K and a median price per square foot (PSF) of RM 493.

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 900K, with most transactions falling within a stable range of RM 640K to RM 1.16 million, and a typical market range of RM 518K to RM 1.28 million.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 493, with core pricing between RM 429 and RM 557. Market pricing typically extends from RM 437.75 to RM 548.25, reflecting moderate variation in unit pricing. With an IQR of RM 110.50 and MAD of RM 64, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.