TANJONG PARK

Area Intelligence
2024
Median Price
RM 550,000
PSF: RM 661

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 661

TANJONG PARK in Timur Laut, Penang recorded 11 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 661.

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 479K to RM 651K, and a typical market range of RM 479K to RM 623K.

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

The median PSF stands at RM 661, with core pricing between RM 546 and RM 776. Market pricing typically extends from RM 619.38 to RM 702.63, reflecting moderate variation in unit pricing. The spread of RM 83.25 (IQR) and deviation of RM 115 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

11 transactions grouped by size

700 sqft
Town House
RM 479,000
Level 4
721 sqft · RM 664 PSF
750 sqft
Condo/Apartment
RM 515,000
Level 7
764 sqft · RM 674 PSF
RM 505,000
Level 6
764 sqft · RM 661 PSF
RM 550,000
Level 14
764 sqft · RM 720 PSF
RM 565,000
Level 19
764 sqft · RM 739 PSF
RM 500,000
Level 11
764 sqft · RM 654 PSF
800 sqft
Condo/Apartment
RM 500,000
Level 5
775 sqft · RM 645 PSF
RM 710,000
Level 4
775 sqft · RM 916 PSF
1,250 sqft
Town House
RM 721,000
Level 3
1,227 sqft · RM 588 PSF
1,500 sqft
Condo/Apartment
RM 700,000
Level 13
1,518 sqft · RM 461 PSF
RM 750,000
Level 23
1,485 sqft · RM 505 PSF

No Properties For Sale

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

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