TANJONG PARK

Area Intelligence

2022

Median Price

RM 532,500

PSF: RM 697

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Residential PSF Trends

Median Price

RM 532,500

PSF: RM 697

TANJONG PARK in Timur Laut, Penang recorded 6 subsale transactions in 2022, 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 495K to RM 586K, and a typical market range of RM 495K to RM 606K.

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

The median PSF stands at RM 697, with core pricing between RM 627 and RM 767. Market pricing typically extends from RM 655.38 to RM 738.63, reflecting moderate variation in unit pricing. With an IQR of RM 83.25 and MAD of RM 70, 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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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

750 sqft

Condo/Apartment

750 sqft

Condo/Apartment

RM 495,000

Level 13

764 sqft · RM 648 PSF

Nov 2022

RM 658,000

Level 17

764 sqft · RM 861 PSF

Nov 2022

RM 550,000

Level 14

764 sqft · RM 720 PSF

Sep 2022

RM 513,000

Level 16

764 sqft · RM 671 PSF

Apr 2022

RM 555,000

Level 17

764 sqft · RM 726 PSF

Apr 2022

RM 515,000

Level 17

764 sqft · RM 674 PSF

Feb 2022

Level 13	RM 495,000	RM 648	764 sqft	Nov 2022
Level 17	RM 658,000	RM 861	764 sqft	Nov 2022
Level 14	RM 550,000	RM 720	764 sqft	Sep 2022
Level 16	RM 513,000	RM 671	764 sqft	Apr 2022
Level 17	RM 555,000	RM 726	764 sqft	Apr 2022
Level 17	RM 515,000	RM 674	764 sqft	Feb 2022