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 4
|
RM2,150,000
|
RM369
|
5,834 sqft
|
|
|
|
Level 9
|
RM2,700,000
|
RM463
|
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
ResidentialRM2,425,000
RM416 psfMedian transaction price
The Cove, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Cove in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM2.43 million and a median price per square foot (PSF) of RM416.
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 RM2.43 million, with most transactions falling within a stable range of RM2.15 million to RM2.70 million, and a typical market range of RM2.15 million to RM2.70 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM416, with core pricing between RM369 and RM463. Market pricing typically extends from RM368.66 to RM462.66, reflecting moderate variation in unit pricing. With an IQR of RM94.00 and MAD of RM47, 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.