TMN TANJUNG JAYA

TMN TANJUNG JAYA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 162K and a median price per square foot (PSF) of RM 236.

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 162K, with most transactions falling within a stable range of RM 136K to RM 173K, and a typical market range of RM 151K to RM 173K.

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

The median PSF stands at RM 236, with core pricing between RM 198 and RM 274. Market pricing typically extends from RM 216.50 to RM 255.50, reflecting moderate variation in unit pricing. The spread of RM 39.00 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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.