The Cove
Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 21
|
RM3,280,000
|
RM562
|
5,834 sqft
|
|
|
|
Level 22
|
RM4,360,000
|
RM747
|
5,834 sqft
|
|
|
|
Level 36
|
RM3,350,000
|
RM574
|
5,834 sqft
|
|
|
|
Level 37
|
RM3,350,000
|
RM574
|
5,834 sqft
|
|
|
|
Level 18
|
RM3,280,000
|
RM562
|
5,834 sqft
|
|
|
|
Level 28
|
RM2,500,000
|
RM429
|
5,834 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Tanjung Bungah
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Market Snapshot
ResidentialRM2,900,000
RM497 psfMedian transaction price
The Cove, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Cove in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2026, with a median price of RM2.90 million and a median price per square foot (PSF) of RM497.
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 RM2.90 million, with most transactions falling within a stable range of RM2.54 million to RM3.26 million, and a typical market range of RM2.63 million to RM3.18 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM497, with core pricing between RM435 and RM559. Market pricing typically extends from RM450.08 to RM544.08, reflecting moderate variation in unit pricing. With an IQR of RM94.00 and MAD of RM62, 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.