The Cove

Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

15 subsales grouped by size

Median
RM2,900,000
PSF
RM497
Period
transactions middle 50% (P25–P75)
5,850 sqft
Condo
RM3,280,000
Level 21
5,834 sqft · RM562 PSF
RM4,360,000
Level 22
5,834 sqft · RM747 PSF
RM3,350,000
Level 36
5,834 sqft · RM574 PSF
RM3,350,000
Level 37
5,834 sqft · RM574 PSF
RM3,280,000
Level 18
5,834 sqft · RM562 PSF
RM2,500,000
Level 28
5,834 sqft · RM429 PSF
+9 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM2,900,000

RM497 psf

Median transaction price

The Cove
© OpenStreetMap · CARTO

The Cove, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

The 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.