TANJONG PARK

Area Intelligence
Median Price
RM 532,500
PSF: RM 697

Residential PSF Trends

Median Price

RM 532,500

PSF: RM 697

TANJONG PARK in Timur Laut, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 533K and a median price per square foot (PSF) of RM 697.

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 533K, with most transactions falling within a stable range of RM 480K to RM 585K, and a typical market range of RM 460K to RM 606K.

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

For price per square foot, the median is RM 697, with most transactions between RM 647 and RM 748. The usual range is RM 655.38 to RM 738.63, showing that most units are priced quite close to each other. With an IQR of RM 83.25 and MAD of RM 51, 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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TANJONG PARK, Timur Laut, Penang

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