Area Intelligence

TAMAN MEDAN PENAGA

13 properties
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Median Price
RM 370,000
PSF: RM 465

Residential Market

Median Price

RM 370,000

IQR: RM 53
MAD: RM 26
RM 465 PSF 1.0%

PSF Trends (2021-2025)

TAMAN MEDAN PENAGA in Timur Laut, Penang recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 370K and a median price per square foot (PSF) of RM 465.

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 370K, with most transactions falling within a stable range of RM 350K to RM 390K, and a typical market range of RM 350K to RM 391K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 465, with most transactions between RM 439 and RM 491. The usual range is RM 438.50 to RM 491.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 26, 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 MEDAN PENAGA, Timur Laut, Penang

OSM

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Transactions

13 properties grouped by size

700 sqft
2 units Flat
RM 240,000
700 sqft · RM 343.00 PSF
Dec 2023
RM 300,000
710 sqft · RM 422.00 PSF
Sep 2022
800 sqft
11 units (showing 6) Flat
RM 345,000
786 sqft · RM 439.00 PSF
Oct 2024
RM 380,000
786 sqft · RM 484.00 PSF
Jul 2024
RM 370,000
797 sqft · RM 465.00 PSF
Mar 2024
RM 330,000
807 sqft · RM 409.00 PSF
Mar 2024
RM 350,000
818 sqft · RM 428.00 PSF
Aug 2023
RM 388,000
807 sqft · RM 481.00 PSF
Jul 2023