TAMAN PINANG EMAS

TAMAN PINANG EMAS in Timur Laut, Penang recorded 16 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 348.

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 200K, with most transactions falling within a stable range of RM 183K to RM 205K, and a typical market range of RM 184K to RM 205K.

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

For price per square foot, the median is RM 348, with most transactions between RM 318 and RM 378. The usual range is RM 321.50 to RM 374.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

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.