Penang
Timur Laut
Tanjung Tokong
SERI TAMAN TANJUNG

SERI TAMAN TANJUNG

Area Intelligence

2024

Median Price

RM 235,000

PSF: RM 425

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Residential PSF Trends

Median Price

RM 235,000

PSF: RM 425

SERI TAMAN TANJUNG in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 235K and a median price per square foot (PSF) of RM 425.

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 235K, with most transactions falling within a stable range of RM 215K to RM 276K, and a typical market range of RM 215K to RM 257K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 425, with most transactions between RM 402 and RM 448. The usual range is RM 396.00 to RM 454.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 23, 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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SERI TAMAN TANJUNG, Timur Laut, Penang

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