TAMAN TERUBONG JAYA

TAMAN TERUBONG JAYA in Timur Laut, Penang recorded 12 subsale transactions in 2021, with a median price of RM 113K and a median price per square foot (PSF) of RM 205.

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 113K, with most transactions falling within a stable range of RM 85K to RM 178K, and a typical market range of RM 85K to RM 173K.

Most transactions involved low-cost flat, though some variety exists in the market.

Price per square foot shows a median of RM 205, though individual units vary from RM 138 to RM 271 in the core range. The broader market spans RM 163.00 to RM 246.00, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 67) 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.