Area Intelligence

TMN BUNGA TANJUNG

5 properties
2023
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Median Price
RM 180,000
PSF: RM 261

Residential Market

Median Price

RM 180,000

IQR: RM 59
MAD: RM 29
RM 261 PSF 5.3%

PSF Trends (2021-2025)

TMN BUNGA TANJUNG in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 261.

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 180K, with most transactions falling within a stable range of RM 96K to RM 320K, and a typical market range of RM 160K to RM 201K.

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

Price per square foot shows a median of RM 261, though individual units vary from RM 168 to RM 354 in the core range. The broader market spans RM 231.50 to RM 290.50, indicating diverse property characteristics. A wider spread (IQR: RM 59.00) and deviation (MAD: RM 93) indicate significant PSF variations, likely due to diverse property types or conditions.

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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TMN BUNGA TANJUNG, Seberang Perai Utara, Penang

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Transactions

5 properties found

Double Storey Terraced JALAN BUNGA TANJUNG 1
RM 500,000
1,340 sqft Dec 2023
RM 373.00 PSF
Flat
RM 300,000
689 sqft Aug 2023
RM 435.00 PSF
Flat
RM 180,000
689 sqft Jun 2023
RM 261.00 PSF
Flat
RM 180,000
689 sqft May 2023
RM 261.00 PSF
Low-Cost Flat
RM 96,000
560 sqft Feb 2023
RM 172.00 PSF