Medan Terengganu

11600 George Town, Pulau Pinang, Malaysia

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Selling in Medan Terengganu? Homes here sold for a median of RM1,900,000.

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Medan Terengganu
© OpenStreetMap · CARTO

Medan Terengganu, 11600 George Town, Pulau Pinang, Malaysia

Maps

Medan Terengganu in Timur Laut, Penang recorded 0 subsale transactions in 2024, with a median price of RM1.90 million and a median price per square foot (PSF) of RM552.

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 RM1.90 million, with most transactions falling within a stable range of RM1.85 million to RM1.95 million, and a typical market range of RM1.88 million to RM1.93 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM552, with most transactions between RM530 and RM573. The usual range is RM540.75 to RM562.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM21.50 and an average deviation (MAD) of RM22 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.