Area Intelligence

TANJONG COURT

17 properties
2022
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Median Price
RM 330,000
PSF: RM 420

Residential Market

Median Price

RM 330,000

IQR: RM 130
MAD: RM 60
RM 420 PSF 1.3%

PSF Trends (2021-2025)

TANJONG COURT in Timur Laut, Penang recorded 17 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 420.

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 330K, with most transactions falling within a stable range of RM 267K to RM 393K, and a typical market range of RM 280K to RM 380K.

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

The median PSF stands at RM 420, with core pricing between RM 338 and RM 502. Market pricing typically extends from RM 355.25 to RM 484.75, reflecting moderate variation in unit pricing. The spread of RM 129.50 (IQR) and deviation of RM 82 (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.

Area Location

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TANJONG COURT, Timur Laut, Penang

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Transactions

17 properties grouped by size

800 sqft
17 units (showing 6) Flat
RM 260,000
775 sqft · RM 335.00 PSF
Nov 2022
RM 240,000
786 sqft · RM 305.00 PSF
Nov 2022
RM 415,000
775 sqft · RM 535.00 PSF
Sep 2022
RM 245,000
775 sqft · RM 316.00 PSF
Sep 2022
RM 335,000
775 sqft · RM 432.00 PSF
Sep 2022
RM 240,000
786 sqft · RM 305.00 PSF
Sep 2022