TANJONG PARK

Area Intelligence
2022
Median Price
RM 550,000
PSF: RM 674

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 674

TANJONG PARK in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 674.

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 550K, with most transactions falling within a stable range of RM 513K to RM 662K, and a typical market range of RM 513K to RM 623K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 674, with core pricing between RM 584 and RM 764. Market pricing typically extends from RM 632.25 to RM 715.50, reflecting moderate variation in unit pricing. With an IQR of RM 83.25 and MAD of RM 90, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TANJONG PARK, Timur Laut, Penang

OSM

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Transactions

6 transactions grouped by size

750 sqft
Condo/Apartment
RM 658,000
Level 17
764 sqft · RM 861 PSF
RM 550,000
Level 14
764 sqft · RM 720 PSF
RM 513,000
Level 16
764 sqft · RM 671 PSF
RM 555,000
Level 17
764 sqft · RM 726 PSF
RM 515,000
Level 17
764 sqft · RM 674 PSF
1,500 sqft
Condo/Apartment
RM 828,000
Level 23
1,485 sqft · RM 557 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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