Area Intelligence

TMN PENGKALAN MACANG

2 properties
2022
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Median Price
RM 585,000
PSF: RM 327

Residential Market

Median Price

RM 585,000

IQR: RM 132
MAD: RM 72
RM 327 PSF 12.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PENGKALAN MACANG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 585K and a median price per square foot (PSF) of RM 327.

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 585K, with most transactions falling within a stable range of RM 570K to RM 600K, and a typical market range of RM 570K to RM 600K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 327, though individual units vary from RM 246 to RM 407 in the core range. The broader market spans RM 260.75 to RM 392.25, indicating diverse property characteristics. The spread of RM 131.50 (IQR) and deviation of RM 81 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PENGKALAN MACANG, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 570,000
LORONG PENGKALAN MACHANG 4
1,399 sqft · RM 407.00 PSF
Nov 2022
2,450 sqft
1 units Double Storey Semi-D
RM 600,000
LRG PENGKALAN MACHANG 4
2,443 sqft · RM 246.00 PSF
Jan 2022