Area Intelligence

TMN PENGKALAN MACANG

2 properties
2023
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Median Price
RM 590,000
PSF: RM 286

Residential Market

Median Price

RM 590,000

IQR: RM 132
MAD: RM 72
RM 286 PSF 12.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PENGKALAN MACANG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 590K and a median price per square foot (PSF) of RM 286.

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 590K, with most transactions falling within a stable range of RM 500K to RM 680K, and a typical market range of RM 556K to RM 624K.

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 286, though individual units vary from RM 214 to RM 357 in the core range. The broader market spans RM 219.75 to RM 351.25, indicating diverse property characteristics. A wider spread (IQR: RM 131.50) and deviation (MAD: RM 72) indicate significant PSF variations, likely due to diverse property types or conditions.

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 500,000
LRG PENGKALAN MACHANG 5
1,399 sqft · RM 357.00 PSF
Dec 2023
3,200 sqft
1 units Double Storey Semi-D
RM 680,000
LORONG PENGKALAN MACHANG 1
3,175 sqft · RM 214.00 PSF
Sep 2023