Area Intelligence

JLN TANJUNG BUNGAH

5 properties
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Median Price
RM 2,200,000
PSF: RM 534

Residential Market

Median Price

RM 2,200,000

IQR: RM 28
MAD: RM 22
RM 534 PSF 19.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN TANJUNG BUNGAH in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 2.20 million and a median price per square foot (PSF) of RM 534.

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 2.20 million, with most transactions falling within a stable range of RM 400K to RM 4.00 million, and a typical market range of RM 1.15 million to RM 3.25 million.

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

For price per square foot, the median is RM 534, with most transactions between RM 512 and RM 556. The usual range is RM 520.00 to RM 548.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.00 and an average deviation (MAD) of RM 22 indicate a highly stable PSF trend across properties.

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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JLN TANJUNG BUNGAH, Timur Laut, Penang

OSM

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Transactions

5 properties grouped by size

2,900 sqft
1 units Detached
RM 60,000
JALA TANJONG TOKONG
2,889 sqft · RM 21.00 PSF
Sep 2024
3,600 sqft
1 units Detached
RM 1,900,000
JLN TANJUNG BUNGAH
3,595 sqft · RM 528.00 PSF
May 2024
4,100 sqft
1 units Double Storey Semi-D
RM 2,200,000
TINGKAT LAUT
4,118 sqft · RM 534.00 PSF
Aug 2023
7,200 sqft
1 units Detached
RM 4,000,000
JALAN WEE HEIN TZE
7,191 sqft · RM 556.00 PSF
Jun 2024
7,300 sqft
1 units Detached
RM 6,000,000
JLN PUNCAK BUKIT MUTIARA 1
7,319 sqft · RM 820.00 PSF
Jul 2022