Area Intelligence

TANJONG VILLA

3 properties
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Median Price
RM 1,110,000
PSF: RM 614

Residential Market

Median Price

RM 1,110,000

IQR: RM 87
MAD: RM 21
RM 614 PSF 1.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TANJONG VILLA in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.11 million and a median price per square foot (PSF) of RM 614.

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 1.11 million, with most transactions falling within a stable range of RM 1.07 million to RM 1.15 million, and a typical market range of RM 1.04 million to RM 1.15 million.

Most transactions involved town house, though some variety exists in the market.

For price per square foot, the median is RM 614, with most transactions between RM 593 and RM 635. The usual range is RM 570.50 to RM 657.50, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 21, 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.

Area Location

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TANJONG VILLA, Timur Laut, Penang

OSM

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Transactions

3 properties grouped by size

1,100 sqft
1 units Town House
RM 850,000
1,109 sqft · RM 767.00 PSF
Aug 2022
1,850 sqft
2 units
RM 1,110,000
Town House
1,873 sqft · RM 593.00 PSF
Feb 2024
RM 1,150,000
Double Storey Semi-D JLN BUNGA TONGKENG
1,873 sqft · RM 614.00 PSF
Nov 2021