TANJONG COURT

TANJONG COURT in Timur Laut, Penang recorded 16 subsale transactions in 2023, with a median price of RM 283K and a median price per square foot (PSF) of RM 362.

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 283K, with most transactions falling within a stable range of RM 228K to RM 339K, and a typical market range of RM 233K to RM 333K.

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

Price per square foot shows a median of RM 362, though individual units vary from RM 289 to RM 435 in the core range. The broader market spans RM 297.25 to RM 426.75, indicating diverse property characteristics. The spread of RM 129.50 (IQR) and deviation of RM 73 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.