TAMAN KHENG TIAN
Residential Market
Median Price
RM 360,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 970,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
24 properties
Median Price
RM 360,000
+0.9% CAGR
Median PSF
RM 524.00
+0.5% CAGR
Shop/Retail Lot
5 properties
Median Price
RM 1,484,000
+9.8% CAGR
Median PSF
RM 1,252.00
+18.1% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Flat | 24 |
RM 360,000
±13K MAD
|
+0.90% |
RM 524.00
±18 MAD
|
+0.50% | |
Shop/Retail Lot | 5 |
RM 1,484,000
±280K MAD
|
+9.76% |
RM 1,252.00
±81 MAD
|
+18.15% |
TAMAN KHENG TIAN in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 363K and a median price per square foot (PSF) of RM 532.
This area contains both residential and commercial properties. View 23 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 363K, with most transactions falling within a stable range of RM 320K to RM 546K, and a typical market range of RM 337K to RM 388K.
Most transactions involved flats, though some variety exists in the market.
Price per square foot shows a median of RM 532, though individual units vary from RM 297 to RM 766 in the core range. The broader market spans RM 490.75 to RM 572.25, indicating diverse property characteristics. A wider spread (IQR: RM 81.50) and deviation (MAD: RM 235) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
10 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 360,000
|
RM 539.00
|
667 sqft
|
Nov 2022
|
Flat |
|
RM 388,000
|
RM 581.00
|
667 sqft
|
Oct 2022
|
Shop/Retail Lot |
|
RM 970,000
|
RM 1,306.00
|
743 sqft
|
Sep 2022
|
Flat |
|
RM 380,000
|
RM 552.00
|
689 sqft
|
Jul 2022
|
Flat |
|
RM 350,000
|
RM 524.00
|
667 sqft
|
Jun 2022
|
Flat |
|
RM 353,000
|
RM 505.00
|
700 sqft
|
Jun 2022
|
Flat |
|
RM 320,000
|
RM 480.00
|
667 sqft
|
May 2022
|
Flat |
|
RM 390,000
|
RM 566.00
|
689 sqft
|
May 2022
|
Flat |
|
RM 365,000
|
RM 522.00
|
700 sqft
|
Mar 2022
|
Flat |
|
RM 348,000
|
RM 497.00
|
700 sqft
|
Feb 2022
|