TAMAN CONCORD

TAMAN CONCORD in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 650K and a median price per square foot (PSF) of RM 546.

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 650K, with most transactions falling within a stable range of RM 640K to RM 935K, and a typical market range of RM 640K to RM 833K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 546, though individual units vary from RM 428 to RM 664 in the core range. The broader market spans RM 474.00 to RM 618.00, indicating diverse property characteristics. The spread of RM 144.00 (IQR) and deviation of RM 118 (MAD) suggest moderate price variations reflecting different property features.

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.