Taman Tanjung Jaya

Taman Tanjung, 12300 Butterworth, Pulau Pinang, Malaysia

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Selling in Taman Tanjung Jaya? Homes here sold for a median of RM162,000.

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Market Snapshot

Residential

RM150,000

RM221 psf

Median transaction price

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Taman Tanjung, 12300 Butterworth, Pulau Pinang, Malaysia

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Taman Tanjung Jaya in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2021, with a median price of RM162K and a median price per square foot (PSF) of RM236.

This area contains both residential and commercial properties. View 9 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 RM162K, with most transactions falling within a stable range of RM150K to RM174K, and a typical market range of RM150K to RM174K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM236, with most transactions between RM214 and RM258. The usual range is RM218.00 to RM254.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM36.00 and an average deviation (MAD) of RM22 indicate a highly stable PSF trend across properties.

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.