BANDAR TANJONG PINANG
Residential Market
Median Price
RM 2,850,000
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 17 subsale transactions in 2021, with a median price of RM 2.85 million and a median price per square foot (PSF) of RM 935.
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 2.85 million, with most transactions falling within a stable range of RM 1.96 million to RM 3.74 million, and a typical market range of RM 2.01 million to RM 3.69 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 935, though individual units vary from RM 743 to RM 1,127 in the core range. The broader market spans RM 800.50 to RM 1,069.50, indicating diverse property characteristics. The spread of RM 269.00 (IQR) and deviation of RM 192 (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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
17 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
DENAI PINANG 8
|
RM 1,788,000
|
RM 931.00
|
1,920 sqft
|
Dec 2021
|
|
|
DENAI PINANG 8
|
RM 1,880,000
|
RM 979.00
|
1,920 sqft
|
Nov 2021
|
|
|
DENAI PINANG 36
|
RM 1,700,000
|
RM 885.00
|
1,920 sqft
|
Nov 2021
|
|
|
DENAI PINANG 12
|
RM 1,950,000
|
RM 1,015.00
|
1,920 sqft
|
Oct 2021
|
|
|
TG. PINANG
|
RM 2,530,000
|
RM 1,318.00
|
1,920 sqft
|
Sep 2021
|
|
|
DENAI PINANG 30
|
RM 1,900,000
|
RM 989.00
|
1,920 sqft
|
May 2021
|
|
MEDAN BAYU
|
RM 2,600,000
|
RM 956.00
|
2,720 sqft
|
Oct 2021
|
|
DENAI BAYU 26
|
RM 3,475,000
|
RM 1,256.00
|
2,767 sqft
|
Oct 2021
|
|
|
DENAI BAYU 26
|
RM 3,480,000
|
RM 1,256.00
|
2,771 sqft
|
Sep 2021
|
|
|
DENAI BAYU 2
|
RM 3,180,000
|
RM 1,148.00
|
2,771 sqft
|
Jul 2021
|
|
DENAI ENDAU 1
|
RM 2,800,000
|
RM 899.00
|
3,114 sqft
|
Nov 2021
|
|
DENAI ENDAU 3
|
RM 3,250,000
|
RM 913.00
|
3,560 sqft
|
Nov 2021
|
|
DENAI PINANG 28
|
RM 2,850,000
|
RM 743.00
|
3,836 sqft
|
Dec 2021
|
|
DENAI ENDAU 5
|
RM 3,450,000
|
RM 834.00
|
4,137 sqft
|
Dec 2021
|
|
DENAI BAYU 2
|
RM 4,280,000
|
RM 856.00
|
5,000 sqft
|
Sep 2021
|
|
DENAI BAYU 16
|
RM 5,000,000
|
RM 935.00
|
5,350 sqft
|
Nov 2021
|
|
DENAI PINANG 2
|
RM 3,300,000
|
RM 518.00
|
6,377 sqft
|
Jul 2021
|