Penang
Timur Laut
Tanjung Tokong
PANGSAPURI TANJONG TOKONG

PANGSAPURI TANJONG TOKONG

Area Intelligence

2024

Median Price

RM 270,000

PSF: RM 418

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Residential PSF Trends

Median Price

RM 270,000

PSF: RM 418

PANGSAPURI TANJONG TOKONG in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 418.

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 270K, with most transactions falling within a stable range of RM 260K to RM 287K, and a typical market range of RM 260K to RM 283K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 418, with most transactions between RM 384 and RM 452. The usual range is RM 392.50 to RM 443.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.

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.

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PANGSAPURI TANJONG TOKONG, Timur Laut, Penang

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