Area Intelligence

TAMAN FREE SCHOOL

8 properties
Low-Cost Flat
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Median Price
RM 120,000
PSF: RM 227

Residential Market

Median Price

RM 120,000

IQR: RM 40
MAD: RM 19
RM 227 PSF 3.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN FREE SCHOOL in Timur Laut, Penang recorded 8 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 120K and a median price per square foot (PSF) of RM 227.

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 120K, with most transactions falling within a stable range of RM 110K to RM 131K, and a typical market range of RM 110K to RM 131K.

Within the Low-Cost Flat category, low-cost flat dominated the market, though some variety exists in the market.

The median PSF stands at RM 227, with core pricing between RM 198 and RM 256. Market pricing typically extends from RM 207.00 to RM 247.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 29, 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. 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.

Area Location

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TAMAN FREE SCHOOL, Timur Laut, Penang

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Transactions

8 properties grouped by size

550 sqft
7 units Low-Cost Flat
RM 120,000
528 sqft · RM 227.00 PSF
Jan 2024
RM 110,000
528 sqft · RM 208.00 PSF
Nov 2022
RM 140,000
528 sqft · RM 265.00 PSF
Sep 2022
RM 140,000
528 sqft · RM 265.00 PSF
Sep 2022
RM 130,000
528 sqft · RM 246.00 PSF
Feb 2022
RM 115,000
528 sqft · RM 218.00 PSF
Dec 2021
RM 120,000
528 sqft · RM 227.00 PSF
Dec 2021
650 sqft
1 units Low-Cost Flat
RM 110,000
646 sqft · RM 170.00 PSF
Sep 2021