Area Intelligence

TAMAN KHENG TIAN

6 properties
2021
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Median Price
RM 365,000
PSF: RM 539

Residential Market

Median Price

RM 342,500

IQR: RM 55
MAD: RM 31
RM 497 PSF 4.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,240,000

IQR: RM 607
MAD: RM 162
RM 698 PSF 31.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN KHENG TIAN in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 365K and a median price per square foot (PSF) of RM 539.

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 365K, with most transactions falling within a stable range of RM 320K to RM 797K, and a typical market range of RM 340K to RM 390K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 539, with core pricing between RM 446 and RM 631. Market pricing typically extends from RM 497.75 to RM 579.25, reflecting moderate variation in unit pricing. The spread of RM 81.50 (IQR) and deviation of RM 93 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN KHENG TIAN, Timur Laut, Penang

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Transactions

6 properties grouped by size

650 sqft
2 units Flat
RM 320,000
667 sqft · RM 480.00 PSF
Dec 2021
RM 380,000
667 sqft · RM 569.00 PSF
Dec 2021
700 sqft
2 units Flat
RM 335,000
689 sqft · RM 486.00 PSF
Dec 2021
RM 350,000
689 sqft · RM 508.00 PSF
Nov 2021
1,550 sqft
1 units Shop/Retail Lot
RM 1,080,000
1,550 sqft · RM 697.00 PSF
Sep 2021
2,000 sqft
1 units Shop/Retail Lot
RM 1,400,000
2,002 sqft · RM 699.00 PSF
Sep 2021