TAMAN TANJONG - R/PANGSA

TAMAN TANJONG - R/PANGSA in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 413K and a median price per square foot (PSF) of RM 504.

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 413K, with most transactions falling within a stable range of RM 370K to RM 455K, and a typical market range of RM 380K to RM 445K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 504, with core pricing between RM 452 and RM 556. Market pricing typically extends from RM 464.25 to RM 543.75, reflecting moderate variation in unit pricing. With an IQR of RM 79.50 and MAD of RM 52, 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.