The Latitude
Lebuhraya Halia 4, Tanjung Tokong, 10470 Tanjung Bungah, Pulau Pinang, Malaysia
Lebuhraya Halia 4, Tanjung Tokong, 10470 Tanjung Bungah, Pulau Pinang, Malaysia
Selling in The Latitude? Homes here sold for a median of RM755,000.
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The Latitude
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 18
Market Snapshot
ResidentialRM755,000
RM489 psfMedian transaction price
Does THE LATITUDE rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Lebuhraya Halia 4, Tanjung Tokong, 10470 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Latitude in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM755K and a median price per square foot (PSF) of RM489.
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 RM755K, with most transactions falling within a stable range of RM710K to RM800K, and a typical market range of RM732K to RM778K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM489, with most transactions between RM444 and RM533. The usual range is RM468.44 to RM508.69, showing that most units are priced quite close to each other. A typical spread (IQR) of RM40.25 and an average deviation (MAD) of RM45 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.