| Road | Price | PSF | Size | Date | Type |
|---|
|
Tanjung Tokong
|
RM 1,847,000
|
RM 695
|
2,659 sqft
|
|
|
Tanjong Tokong
|
RM 13,153,000
|
RM 2,016
|
6,523 sqft
|
|
Other Areas in Tanjung Tokong
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JALAN TANJONG TOKONG, Tanjong Tokong, Tanjung Tokong, 10470, Timur Laut, Penang, Malaysia
Jalan Tanjong Tokong in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 7.50 million and a median price per square foot (PSF) of RM 2,016.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 7.50 million, with most transactions falling within a stable range of RM 1.85 million to RM 13.15 million, and a typical market range of RM 4.67 million to RM 10.33 million.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 2,016, with most transactions between RM 2,016 and RM 2,017. The usual range is RM 2,015.75 to RM 2,016.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 0.50 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.
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.