BANDAR TANJONG PINANG
Residential Market
Median Price
RM 3,500,000
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 2024, with a median price of RM 3.50 million and a median price per square foot (PSF) of RM 1,146.
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 3.50 million, with most transactions falling within a stable range of RM 2.49 million to RM 4.51 million, and a typical market range of RM 2.66 million to RM 4.34 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 1,146, though individual units vary from RM 912 to RM 1,380 in the core range. The broader market spans RM 1,011.50 to RM 1,280.50, indicating diverse property characteristics. The spread of RM 269.00 (IQR) and deviation of RM 234 (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
24 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
DENAI PINANG 22
|
RM 2,150,000
|
RM 1,120.00
|
1,920 sqft
|
Oct 2024
|
|
|
DENAI PINANG
|
RM 2,500,000
|
RM 1,302.00
|
1,920 sqft
|
Sep 2024
|
|
|
MEDAN BAYU
|
RM 2,900,000
|
RM 1,510.00
|
1,920 sqft
|
Aug 2024
|
|
|
DENAI PINANG 6
|
RM 2,220,000
|
RM 1,159.00
|
1,916 sqft
|
Jun 2024
|
|
|
DENAI PINANG 22
|
RM 2,180,000
|
RM 1,135.00
|
1,920 sqft
|
May 2024
|
|
|
DENAI PINANG 10
|
RM 2,200,000
|
RM 1,146.00
|
1,920 sqft
|
Feb 2024
|
|
DENAI BAYU 2
|
RM 3,900,000
|
RM 1,500.00
|
2,600 sqft
|
Jun 2024
|
|
|
DENAI BAYU 2
|
RM 3,880,000
|
RM 1,492.00
|
2,600 sqft
|
Mar 2024
|
|
DENAI BAYU 2
|
RM 3,800,000
|
RM 1,372.00
|
2,771 sqft
|
Jul 2024
|
|
|
DENAI BAYU 26
|
RM 3,750,000
|
RM 1,356.00
|
2,766 sqft
|
Jul 2024
|
|
|
DENAI BAYU 26
|
RM 3,500,000
|
RM 1,265.00
|
2,766 sqft
|
May 2024
|
|
DENAI ENDAU 3
|
RM 3,080,000
|
RM 962.00
|
3,200 sqft
|
Apr 2024
|
Double Storey Semi-D |
|
DENAI PINANG 30
|
RM 2,850,000
|
RM 897.00
|
3,179 sqft
|
Feb 2024
|
Double Storey Terraced |
|
DENAI PINANG 26
|
RM 3,500,000
|
RM 1,041.00
|
3,363 sqft
|
May 2024
|
|
DENAI BAYU 26
|
RM 4,200,000
|
RM 1,155.00
|
3,637 sqft
|
Jul 2024
|
|
|
DENAI BAYU 26
|
RM 4,400,000
|
RM 1,209.00
|
3,638 sqft
|
Jul 2024
|
|
DENAI ENDAU 7
|
RM 3,230,000
|
RM 876.00
|
3,686 sqft
|
Mar 2024
|
|
DENAI PINANG 20
|
RM 2,900,000
|
RM 766.00
|
3,784 sqft
|
Mar 2024
|
|
DENAI PINANG 28
|
RM 3,400,000
|
RM 886.00
|
3,836 sqft
|
Jun 2024
|
|
LENGKOK ENDAU
|
RM 3,500,000
|
RM 875.00
|
4,000 sqft
|
Jan 2024
|
|
DENAI PINANG 28
|
RM 3,530,000
|
RM 849.00
|
4,158 sqft
|
Nov 2024
|
|
DENAI BAYU 12
|
RM 6,300,000
|
RM 1,259.00
|
5,005 sqft
|
Apr 2024
|
|
DENAI BAYU 10
|
RM 5,800,000
|
RM 1,146.00
|
5,062 sqft
|
Jul 2024
|
|
DENAI BAYU 12
|
RM 4,200,000
|
RM 652.00
|
6,442 sqft
|
Jul 2024
|