Penang
Timur Laut
Bdr Tanjung Pinang
BANDAR TANJONG PINANG

Area Intelligence

Bdr Tanjung Pinang, Timur Laut, Penang

BANDAR TANJONG PINANG

27 properties

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Median Price

RM 1,950,000

PSF: RM 1,015

Residential Market

Median Price

RM 1,950,000

IQR: RM 269

MAD: RM 128

RM 1,015 PSF 7.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Double Storey Terraced

55 properties

Median Price

RM 2,482,500

+10.4% CAGR

Median PSF

RM 1,047.75

+5.5% CAGR

Double Storey Semi-D

23 properties

Median Price

RM 3,382,500

+0.1% CAGR

Median PSF

RM 876.25

+1.6% CAGR

Detached

9 properties

Median Price

RM 5,250,000

+1.6% CAGR

Median PSF

RM 966.25

+0.7% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Double Storey Terraced	55	RM 2,482,500 ±291K MAD	+10.39%	RM 1,047.75 ±50 MAD	+5.55%
Double Storey Semi-D	23	RM 3,382,500 ±25K MAD	+0.15%	RM 876.25 ±15 MAD	+1.55%
Detached	9	RM 5,250,000 ±125K MAD	+1.64%	RM 966.25 ±21 MAD	+0.73%

BANDAR TANJONG PINANG in Timur Laut, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 1.95 million and a median price per square foot (PSF) of RM 1,015.

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 1.95 million, with most transactions falling within a stable range of RM 1.70 million to RM 2.21 million, and a typical market range of RM 1.70 million to RM 2.79 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 1,015, with core pricing between RM 879 and RM 1,151. Market pricing typically extends from RM 880.50 to RM 1,149.50, reflecting moderate variation in unit pricing. With an IQR of RM 269.00 and MAD of RM 136, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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BANDAR TANJONG PINANG, Timur Laut, Penang

OSM

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Property Type

All Types Double Storey Semi-D Double Storey Terraced Detached

Year

All Years 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

27 properties found

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Grouped Individual

Double Storey Terraced DENAI PINANG 22

RM 2,150,000

1,920 sqft Oct 2024

RM 1,120.00 PSF

Double Storey Terraced DENAI PINANG

RM 2,500,000

1,920 sqft Sep 2024

RM 1,302.00 PSF

Double Storey Terraced MEDAN BAYU

RM 2,900,000

1,920 sqft Aug 2024

RM 1,510.00 PSF

Double Storey Terraced DENAI PINANG 6

RM 2,220,000

1,916 sqft Jun 2024

RM 1,159.00 PSF

Double Storey Terraced DENAI PINANG 22

RM 2,180,000

1,920 sqft May 2024

RM 1,135.00 PSF

Double Storey Terraced DENAI PINANG 10

RM 2,200,000

1,920 sqft Feb 2024

RM 1,146.00 PSF

Double Storey Terraced DENAI PINANG 22

RM 2,080,000

1,920 sqft Aug 2023

RM 1,083.00 PSF

Double Storey Terraced MEDAN BAYU

RM 2,400,000

1,920 sqft May 2023

RM 1,250.00 PSF

Double Storey Terraced DENAI PINANG 6

RM 2,150,000

1,920 sqft Jan 2023

RM 1,120.00 PSF

Double Storey Terraced DENAI PINANG 32

RM 1,950,000

1,920 sqft Jan 2023

RM 1,015.00 PSF

Double Storey Terraced DENAI PINANG 36

RM 1,860,000

1,920 sqft Jan 2023

RM 969.00 PSF

Double Storey Terraced DENAI PINANG

RM 2,018,000

1,920 sqft Dec 2022

RM 1,051.00 PSF

Double Storey Terraced DENAI PINANG

RM 2,050,000

1,920 sqft Dec 2022

RM 1,068.00 PSF

Double Storey Terraced DENAI PINANG 18

RM 1,940,000

1,920 sqft Sep 2022

RM 1,010.00 PSF

Double Storey Terraced DENAI PINANG 16

RM 1,950,000

1,920 sqft Jun 2022

RM 1,015.00 PSF

Double Storey Terraced DENAI PINANG 32

RM 1,910,000

1,920 sqft May 2022

RM 995.00 PSF

Double Storey Terraced DENAI PINANG 6

RM 1,850,000

1,920 sqft Apr 2022

RM 963.00 PSF

Double Storey Terraced DENAI PINANG 2

RM 1,950,000

1,920 sqft Mar 2022

RM 1,015.00 PSF

Double Storey Terraced DENAI PINANG 16

RM 1,860,000

1,920 sqft Mar 2022

RM 969.00 PSF

Double Storey Terraced DENAI PINANG 30

RM 1,880,000

1,920 sqft Mar 2022

RM 979.00 PSF

Double Storey Terraced DENAI PINANG 16

RM 1,900,000

1,920 sqft Feb 2022

RM 989.00 PSF

Double Storey Terraced DENAI PINANG 8

RM 1,788,000

1,920 sqft Dec 2021

RM 931.00 PSF

Double Storey Terraced DENAI PINANG 8

RM 1,880,000

1,920 sqft Nov 2021

RM 979.00 PSF

Double Storey Terraced DENAI PINANG 36

RM 1,700,000

1,920 sqft Nov 2021

RM 885.00 PSF

Double Storey Terraced DENAI PINANG 12

RM 1,950,000

1,920 sqft Oct 2021

RM 1,015.00 PSF

Double Storey Terraced TG. PINANG

RM 2,530,000

1,920 sqft Sep 2021

RM 1,318.00 PSF

Double Storey Terraced DENAI PINANG 30

RM 1,900,000

1,920 sqft May 2021

RM 989.00 PSF

Type	Road	Price	PSF	Area	Date
Double Storey Terraced	DENAI PINANG 22	RM 2,150,000	RM 1,120.00	1,920 sqft	Oct 2024
Double Storey Terraced	DENAI PINANG	RM 2,500,000	RM 1,302.00	1,920 sqft	Sep 2024
Double Storey Terraced	MEDAN BAYU	RM 2,900,000	RM 1,510.00	1,920 sqft	Aug 2024
Double Storey Terraced	DENAI PINANG 6	RM 2,220,000	RM 1,159.00	1,916 sqft	Jun 2024
Double Storey Terraced	DENAI PINANG 22	RM 2,180,000	RM 1,135.00	1,920 sqft	May 2024
Double Storey Terraced	DENAI PINANG 10	RM 2,200,000	RM 1,146.00	1,920 sqft	Feb 2024
Double Storey Terraced	DENAI PINANG 22	RM 2,080,000	RM 1,083.00	1,920 sqft	Aug 2023
Double Storey Terraced	MEDAN BAYU	RM 2,400,000	RM 1,250.00	1,920 sqft	May 2023
Double Storey Terraced	DENAI PINANG 6	RM 2,150,000	RM 1,120.00	1,920 sqft	Jan 2023
Double Storey Terraced	DENAI PINANG 32	RM 1,950,000	RM 1,015.00	1,920 sqft	Jan 2023
Double Storey Terraced	DENAI PINANG 36	RM 1,860,000	RM 969.00	1,920 sqft	Jan 2023
Double Storey Terraced	DENAI PINANG	RM 2,018,000	RM 1,051.00	1,920 sqft	Dec 2022
Double Storey Terraced	DENAI PINANG	RM 2,050,000	RM 1,068.00	1,920 sqft	Dec 2022
Double Storey Terraced	DENAI PINANG 18	RM 1,940,000	RM 1,010.00	1,920 sqft	Sep 2022
Double Storey Terraced	DENAI PINANG 16	RM 1,950,000	RM 1,015.00	1,920 sqft	Jun 2022
Double Storey Terraced	DENAI PINANG 32	RM 1,910,000	RM 995.00	1,920 sqft	May 2022
Double Storey Terraced	DENAI PINANG 6	RM 1,850,000	RM 963.00	1,920 sqft	Apr 2022
Double Storey Terraced	DENAI PINANG 2	RM 1,950,000	RM 1,015.00	1,920 sqft	Mar 2022
Double Storey Terraced	DENAI PINANG 16	RM 1,860,000	RM 969.00	1,920 sqft	Mar 2022
Double Storey Terraced	DENAI PINANG 30	RM 1,880,000	RM 979.00	1,920 sqft	Mar 2022
Double Storey Terraced	DENAI PINANG 16	RM 1,900,000	RM 989.00	1,920 sqft	Feb 2022
Double Storey Terraced	DENAI PINANG 8	RM 1,788,000	RM 931.00	1,920 sqft	Dec 2021
Double Storey Terraced	DENAI PINANG 8	RM 1,880,000	RM 979.00	1,920 sqft	Nov 2021
Double Storey Terraced	DENAI PINANG 36	RM 1,700,000	RM 885.00	1,920 sqft	Nov 2021
Double Storey Terraced	DENAI PINANG 12	RM 1,950,000	RM 1,015.00	1,920 sqft	Oct 2021
Double Storey Terraced	TG. PINANG	RM 2,530,000	RM 1,318.00	1,920 sqft	Sep 2021
Double Storey Terraced	DENAI PINANG 30	RM 1,900,000	RM 989.00	1,920 sqft	May 2021