Jalan Gajah
Tanjung Tokong, 11200 Tanjung Tokong, Pulau Pinang, Malaysia
Tanjung Tokong, 11200 Tanjung Tokong, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Gajah
|
RM 1,370,000
|
RM 363
|
3,776 sqft
|
|
|
Jalan Gajah
|
RM 1,500,000
|
RM 381
|
3,937 sqft
|
|
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Jalan Gajah, Tanjung Tokong, 11200 Tanjung Tokong, Pulau Pinang, Malaysia
MapsJalan Gajah in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 1.44 million and a median price per square foot (PSF) of RM 372.
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 1.44 million, with most transactions falling within a stable range of RM 1.37 million to RM 1.50 million, and a typical market range of RM 1.37 million to RM 1.50 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 372, with most transactions between RM 363 and RM 381. The usual range is RM 355.68 to RM 388.18, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 9 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.