| 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
|
|
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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 in 2026, with a median price of RM 7.50 million and a median price per square foot (PSF) of RM 1,356.
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.
Price per square foot shows a median of RM 1,356, though individual units vary from RM 695 to RM 2,016 in the core range. The broader market spans RM 1,355.25 to RM 1,355.75, indicating diverse property characteristics. A wider spread (IQR: RM 0.50) and deviation (MAD: RM 661) indicate significant PSF variations, likely due to diverse property types or conditions.
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.