Tanjong Park

Persiaran Lengkuas 1, TanjungTokong10470 George Town, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size

Median
RM550,000
PSF
RM661

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Townhouse
RM479,000
Level 4
721 sqft · RM664 PSF
750 sqft
Condo
RM515,000
Level 7
764 sqft · RM674 PSF
RM505,000
Level 6
764 sqft · RM661 PSF
RM550,000
Level 14
764 sqft · RM720 PSF
RM565,000
Level 19
764 sqft · RM739 PSF
RM500,000
Level 11
764 sqft · RM654 PSF
800 sqft
Condo
RM500,000
Level 5
775 sqft · RM645 PSF
RM710,000
Level 4
775 sqft · RM916 PSF
1,250 sqft
Townhouse
RM721,000
Level 3
1,227 sqft · RM588 PSF
1,500 sqft
Condo
RM700,000
Level 13
1,518 sqft · RM461 PSF
RM750,000
Level 23
1,485 sqft · RM505 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM550,000

RM661 psf

Median transaction price

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Persiaran Lengkuas 1, TanjungTokong10470 George Town, Pulau Pinang, Malaysia

Maps

Tanjong Park in Timur Laut, Penang recorded 11 subsale transactions in 2024, with a median price of RM550K and a median price per square foot (PSF) of RM661.

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 RM550K, with most transactions falling within a stable range of RM479K to RM651K, and a typical market range of RM479K to RM629K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM661, with core pricing between RM546 and RM775. Market pricing typically extends from RM617.54 to RM704.04, reflecting moderate variation in unit pricing. The spread of RM86.50 (IQR) and deviation of RM115 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.