Area Intelligence

TAMAN PAYA TERUBONG

2 properties
2021
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Median Price
RM 106,500
PSF: RM 198

Residential Market

Median Price

RM 106,500

IQR: RM 122
MAD: RM 52
RM 198 PSF 14.0%

PSF Trends (2021-2025)

TAMAN PAYA TERUBONG in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 107K and a median price per square foot (PSF) of RM 198.

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 107K, with most transactions falling within a stable range of RM 95K to RM 118K, and a typical market range of RM 95K to RM 118K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 198, with core pricing between RM 177 and RM 219. Market pricing typically extends from RM 137.00 to RM 259.00, reflecting moderate variation in unit pricing. With an IQR of RM 122.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PAYA TERUBONG, Timur Laut, Penang

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Transactions

2 properties grouped by size

550 sqft
2 units Low-Cost Flat
RM 118,000
538 sqft · RM 219.00 PSF
Dec 2021
RM 95,000
538 sqft · RM 177.00 PSF
Sep 2021