Area Intelligence

TAMAN KHENG TIAN

4 properties
2024
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Median Price
RM 382,500
PSF: RM 564

Residential Market

Median Price

RM 382,500

IQR: RM 55
MAD: RM 31
RM 564 PSF 4.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,400,000

IQR: RM 607
MAD: RM 162
RM 1,198 PSF 31.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN KHENG TIAN in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 383K and a median price per square foot (PSF) of RM 564.

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 383K, with most transactions falling within a stable range of RM 350K to RM 415K, and a typical market range of RM 357K to RM 408K.

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

For price per square foot, the median is RM 564, with most transactions between RM 518 and RM 610. The usual range is RM 523.25 to RM 604.75, showing that most units are priced quite close to each other. With an IQR of RM 81.50 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN KHENG TIAN, Timur Laut, Penang

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Transactions

4 properties grouped by size

650 sqft
3 units Flat
RM 336,000
667 sqft · RM 503.00 PSF
Jul 2024
RM 365,000
667 sqft · RM 547.00 PSF
Jul 2024
RM 420,000
667 sqft · RM 629.00 PSF
Apr 2024
700 sqft
1 units Flat
RM 400,000
689 sqft · RM 581.00 PSF
Oct 2024