Springtide Residences

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

Property Transactions

2 subsales grouped by size

Median
RM6,375,000
PSF
RM1,056

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
6,050 sqft
Bungalow
RM7,100,000
Jalan Abbas
6,039 sqft · RM1,176 PSF
RM5,650,000
Jalan Abbas
6,039 sqft · RM936 PSF
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Market Snapshot

Residential

RM6,375,000

RM1,056 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 2 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM6.38 million and a median price per square foot (PSF) of RM1,056.

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 RM6.38 million, with most transactions falling within a stable range of RM5.65 million to RM7.10 million, and a typical market range of RM5.65 million to RM7.10 million.

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

The median PSF stands at RM1,056, with core pricing between RM936 and RM1,176. Market pricing typically extends from RM973.47 to RM1,137.97, reflecting moderate variation in unit pricing. With an IQR of RM164.50 and MAD of RM120, 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.