Area Intelligence

TAMAN SENTRAL

9 properties
2022
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Median Price
RM 1,225,000
PSF: RM 501

Residential Market

Median Price

RM 1,225,000

IQR: RM 59
MAD: RM 29
RM 501 PSF 2.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SENTRAL in Timur Laut, Penang recorded 9 subsale transactions in 2022, with a median price of RM 1.23 million and a median price per square foot (PSF) of RM 501.

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 1.23 million, with most transactions falling within a stable range of RM 796K to RM 1.60 million, and a typical market range of RM 785K to RM 1.60 million.

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

The median PSF stands at RM 501, with core pricing between RM 446 and RM 556. Market pricing typically extends from RM 471.75 to RM 530.25, reflecting moderate variation in unit pricing. With an IQR of RM 58.50 and MAD of RM 55, 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 SENTRAL, Timur Laut, Penang

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Transactions

9 properties found

Flat
RM 408,000
829 sqft Dec 2022
RM 492.00 PSF
Condo/Apartment
RM 1,375,000
2,594 sqft Sep 2022
RM 530.00 PSF
Flat
RM 420,000
829 sqft Sep 2022
RM 507.00 PSF
Condo/Apartment
RM 1,600,000
2,594 sqft Jul 2022
RM 617.00 PSF
Condo/Apartment
RM 1,250,000
2,594 sqft May 2022
RM 482.00 PSF
Condo/Apartment
RM 1,225,000
2,594 sqft May 2022
RM 472.00 PSF
Flat
RM 498,000
829 sqft May 2022
RM 601.00 PSF
Condo/Apartment
RM 1,150,000
2,594 sqft Apr 2022
RM 443.00 PSF
Condo/Apartment
RM 1,300,000
2,594 sqft Feb 2022
RM 501.00 PSF