Area Intelligence

TMN TANJUNG

2 properties
2023
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Median Price
RM 271,500
PSF: RM 311

Residential Market

Median Price

RM 271,500

IQR: RM 54
MAD: RM 31
RM 311 PSF 5.4%

PSF Trends (2021-2025)

TMN TANJUNG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 272K and a median price per square foot (PSF) of RM 311.

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 272K, with most transactions falling within a stable range of RM 243K to RM 300K, and a typical market range of RM 248K to RM 295K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 311, with most transactions between RM 286 and RM 336. The usual range is RM 284.00 to RM 338.00, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN TANJUNG, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

850 sqft
1 units Flat
RM 243,000
850 sqft · RM 286.00 PSF
Feb 2023
900 sqft
1 units Flat
RM 300,000
893 sqft · RM 336.00 PSF
Jun 2023