THE TAMARIND

THE TAMARIND in Timur Laut, Penang recorded 96 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 839K and a median price per square foot (PSF) of RM 773.

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 839K, with most transactions falling within a stable range of RM 679K to RM 999K, and a typical market range of RM 709K to RM 969K.

Within the Service Apartment category, service apartment dominated the market, with minimal variety in property types.

The median PSF stands at RM 773, with core pricing between RM 676 and RM 870. Market pricing typically extends from RM 699.50 to RM 846.50, reflecting moderate variation in unit pricing. With an IQR of RM 147.00 and MAD of RM 97, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.