BANDAR TANJONG PINANG
Residential Market
Median Price
RM 3,400,000
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 22 subsale transactions in 2023, with a median price of RM 3.40 million and a median price per square foot (PSF) of RM 954.
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 3.40 million, with most transactions falling within a stable range of RM 2.05 million to RM 4.75 million, and a typical market range of RM 2.56 million to RM 4.24 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 954, with core pricing between RM 771 and RM 1,136. Market pricing typically extends from RM 819.00 to RM 1,088.00, reflecting moderate variation in unit pricing. The spread of RM 269.00 (IQR) and deviation of RM 182 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
22 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
DENAI PINANG 22
|
RM 2,080,000
|
RM 1,083.00
|
1,920 sqft
|
Aug 2023
|
|
|
MEDAN BAYU
|
RM 2,400,000
|
RM 1,250.00
|
1,920 sqft
|
May 2023
|
|
|
DENAI PINANG 6
|
RM 2,150,000
|
RM 1,120.00
|
1,920 sqft
|
Jan 2023
|
|
|
DENAI PINANG 32
|
RM 1,950,000
|
RM 1,015.00
|
1,920 sqft
|
Jan 2023
|
|
|
DENAI PINANG 36
|
RM 1,860,000
|
RM 969.00
|
1,920 sqft
|
Jan 2023
|
|
DENAI BAYU 2
|
RM 3,788,000
|
RM 1,369.00
|
2,766 sqft
|
Dec 2023
|
|
DENAI BAYU 2
|
RM 3,900,000
|
RM 1,376.00
|
2,834 sqft
|
Jan 2023
|
|
DENAI ENDAU 3
|
RM 3,100,000
|
RM 969.00
|
3,200 sqft
|
Feb 2023
|
|
DENAI ENDAU 1
|
RM 3,300,000
|
RM 927.00
|
3,560 sqft
|
Jun 2023
|
|
|
DENAI ENDAU 1
|
RM 3,200,000
|
RM 899.00
|
3,560 sqft
|
May 2023
|
|
DENAI ENDAU 5
|
RM 3,000,000
|
RM 785.00
|
3,822 sqft
|
Mar 2023
|
|
DENAI PINANG 20
|
RM 3,050,000
|
RM 768.00
|
3,973 sqft
|
Nov 2023
|
|
LENGKOK ENDAU
|
RM 3,300,000
|
RM 825.00
|
4,002 sqft
|
Sep 2023
|
|
|
DENAI ENDAU 7
|
RM 3,500,000
|
RM 875.00
|
4,000 sqft
|
Mar 2023
|
|
DENAI ENDAU 7
|
RM 4,000,000
|
RM 867.00
|
4,612 sqft
|
Sep 2023
|
|
DENAI BAYU 10
|
RM 5,000,000
|
RM 1,000.00
|
5,000 sqft
|
Mar 2023
|
|
LENGKOK ENDAU
|
RM 4,300,000
|
RM 788.00
|
5,455 sqft
|
Feb 2023
|
|
DENAI BAYU 12
|
RM 6,120,000
|
RM 1,078.00
|
5,678 sqft
|
Jan 2023
|
|
DENAI BAYU 12
|
RM 6,320,000
|
RM 1,082.00
|
5,838 sqft
|
May 2023
|
|
DENAI BAYU 2
|
RM 6,000,000
|
RM 938.00
|
6,400 sqft
|
Nov 2023
|
|
DENAI ENDAU 7
|
RM 5,650,000
|
RM 828.00
|
6,821 sqft
|
Sep 2023
|
|
DENAI ENDAU 11
|
RM 4,880,000
|
RM 671.00
|
7,268 sqft
|
Aug 2023
|