Springtide Residences

8, Jalan Abbas, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM3,580,000
PSF
RM808

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
4,100 sqft
Condo
RM3,580,000
Level 16
4,112 sqft · RM871 PSF
5,200 sqft
Condo
RM4,500,000
Level 29
5,210 sqft · RM864 PSF
RM3,500,000
Level 26
5,221 sqft · RM670 PSF
RM4,220,000
Level 33
5,221 sqft · RM808 PSF
RM3,500,000
Level 12
5,221 sqft · RM670 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM3,580,000

RM808 psf

Median transaction price

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8, Jalan Abbas, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Springtide Residences in Timur Laut, Penang recorded 5 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM3.58 million and a median price per square foot (PSF) of RM808.

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 RM3.58 million, with most transactions falling within a stable range of RM3.50 million to RM4.00 million, and a typical market range of RM3.50 million to RM4.35 million.

Within the Condo/Apartment category, condominium/apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM808, with core pricing between RM719 and RM898. Market pricing typically extends from RM726.10 to RM890.60, reflecting moderate variation in unit pricing. With an IQR of RM164.50 and MAD of RM90, 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.