Area Intelligence

TAMAN BUNGA MERAH

1 properties
2025
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Median Price
RM 260,000
PSF: RM 383

Residential Market

Median Price

RM 260,000

IQR: RM 34
MAD: RM 21
RM 383 PSF 4.8%

PSF Trends (2021-2025)

TAMAN BUNGA MERAH in Timur Laut, Penang recorded 1 subsale transactions in 2025, with a median price of RM 260K and a median price per square foot (PSF) of RM 383.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 383, with most transactions between RM 383 and RM 383. The usual range is RM 365.88 to RM 400.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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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TAMAN BUNGA MERAH, Timur Laut, Penang

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Transactions

1 properties found

Flat
RM 260,000
678 sqft Jan 2025
RM 383.00 PSF