Area Intelligence

TAMAN SERI TANJUNG

2 properties
2024
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Median Price
RM 1,660,000
PSF: RM 571

Residential Market

Median Price

RM 720,000

RM 608 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,600,000

IQR: RM 44
MAD: RM 44
RM 534 PSF 19.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SERI TANJUNG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.66 million and a median price per square foot (PSF) of RM 571.

This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.66 million, with most transactions falling within a stable range of RM 720K to RM 2.60 million, and a typical market range of RM 1.19 million to RM 2.13 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 571, with most transactions between RM 534 and RM 608. The usual range is RM 530.50 to RM 611.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SERI TANJUNG, Seberang Perai Utara, Penang

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Transactions

2 properties found

Double Storey Shop JALAN TANJUNG INDAH
RM 2,600,000
4,865 sqft Oct 2024
RM 534.00 PSF
Double Storey Terraced LORONG SERI TANJUNG 2
RM 720,000
1,184 sqft May 2024
RM 608.00 PSF