1 Tanjong
519, Jalan Tanjung Bungah, 11200 George Town, Pulau Pinang, Malaysia
519, Jalan Tanjung Bungah, 11200 George Town, Pulau Pinang, Malaysia
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1 Tanjong
Grand Ocean Apartment
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Tanjung Bungah
Market Snapshot
ResidentialRM2,700,000
RM672 psfMedian transaction price
519, Jalan Tanjung Bungah, 11200 George Town, Pulau Pinang, Malaysia
Maps1 Tanjong in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 3,975 and 4,024 sqft, with a median price of RM2.70 million and a median price per square foot (PSF) of RM672.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM672, with most transactions between RM672 and RM672. The usual range is RM534.74 to RM810.24, showing that most units are priced quite close to each other. With an IQR of RM275.50 and MAD of RM0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.