Indah Bay
1, Jalan Bunga Tongkeng, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
1, Jalan Bunga Tongkeng, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 11
|
RM 363,000
|
RM 496
|
732 sqft
|
|
|
|
Level 7
|
RM 340,000
|
RM 458
|
743 sqft
|
|
|
|
Level 3
|
RM 360,000
|
RM 485
|
743 sqft
|
|
|
|
Level 11
|
RM 398,000
|
RM 536
|
743 sqft
|
|
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Indah Bay, 1, Jalan Bunga Tongkeng, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsIndah Bay in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 362K and a median price per square foot (PSF) of RM 490.
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 362K, with most transactions falling within a stable range of RM 341K to RM 382K, and a typical market range of RM 348K to RM 376K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 490, with most transactions between RM 462 and RM 518. The usual range is RM 471.82 to RM 508.82, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.
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.