TAMAN TEGOH FASA I/FASA II (GRANDVIEW)

TAMAN TEGOH FASA I/FASA II (GRANDVIEW) in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 455K and a median price per square foot (PSF) of RM 433.

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 455K, with most transactions falling within a stable range of RM 268K to RM 643K, and a typical market range of RM 346K to RM 564K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 433, though individual units vary from RM 327 to RM 539 in the core range. The broader market spans RM 390.00 to RM 476.00, indicating diverse property characteristics. The spread of RM 86.00 (IQR) and deviation of RM 106 (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. Limited transaction history suggests carefully evaluating comparable sales data.