BANDAR TANJONG PINANG
Residential Market
Median Price
RM 2,900,000
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 24 subsale transactions in 2022, with a median price of RM 2.90 million and a median price per square foot (PSF) of RM 987.
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 2.90 million, with most transactions falling within a stable range of RM 1.85 million to RM 4.81 million, and a typical market range of RM 2.06 million to RM 3.74 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 987, though individual units vary from RM 762 to RM 1,211 in the core range. The broader market spans RM 852.00 to RM 1,121.00, indicating diverse property characteristics. The spread of RM 269.00 (IQR) and deviation of RM 224 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
24 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
DENAI PINANG
|
RM 2,018,000
|
RM 1,051.00
|
1,920 sqft
|
Dec 2022
|
|
|
DENAI PINANG
|
RM 2,050,000
|
RM 1,068.00
|
1,920 sqft
|
Dec 2022
|
|
|
DENAI PINANG 18
|
RM 1,940,000
|
RM 1,010.00
|
1,920 sqft
|
Sep 2022
|
|
|
DENAI PINANG 16
|
RM 1,950,000
|
RM 1,015.00
|
1,920 sqft
|
Jun 2022
|
|
|
DENAI PINANG 32
|
RM 1,910,000
|
RM 995.00
|
1,920 sqft
|
May 2022
|
|
|
DENAI PINANG 6
|
RM 1,850,000
|
RM 963.00
|
1,920 sqft
|
Apr 2022
|
|
DENAI BAYU 2
|
RM 3,900,000
|
RM 1,500.00
|
2,600 sqft
|
Sep 2022
|
|
|
DENAI BAYU 2
|
RM 3,700,000
|
RM 1,423.00
|
2,600 sqft
|
Mar 2022
|
|
DENAI BAYU 26
|
RM 3,480,000
|
RM 1,258.00
|
2,766 sqft
|
Sep 2022
|
|
|
DENAI BAYU 26
|
RM 3,600,000
|
RM 1,301.00
|
2,766 sqft
|
May 2022
|
|
DENAI ENDAU 1
|
RM 2,800,000
|
RM 875.00
|
3,200 sqft
|
Jan 2022
|
|
DENAI BAYU 26
|
RM 3,580,000
|
RM 984.00
|
3,637 sqft
|
Jun 2022
|
|
DENAI ENDAU 7
|
RM 3,500,000
|
RM 900.00
|
3,888 sqft
|
Apr 2022
|
|
DENAI ENDAU 9
|
RM 3,000,000
|
RM 672.00
|
4,465 sqft
|
Sep 2022
|
|
DENAI ENDAU 11
|
RM 3,500,000
|
RM 777.00
|
4,505 sqft
|
Nov 2022
|
|
DENAI PINANG 10
|
RM 2,700,000
|
RM 583.00
|
4,635 sqft
|
Feb 2022
|
|
DENAI BAYU 8
|
RM 4,400,000
|
RM 880.00
|
5,000 sqft
|
Sep 2022
|
Double Storey Semi-D |
|
DENAI BAYU 12
|
RM 4,900,000
|
RM 977.00
|
5,016 sqft
|
May 2022
|
Detached |
|
DENAI BAYU 22
|
RM 5,250,000
|
RM 953.00
|
5,509 sqft
|
May 2022
|
|
JALAN DENAI BAYU 22
|
RM 11,000,000
|
RM 1,502.00
|
7,322 sqft
|
Jul 2022
|