The Penthouse
1, Jalan Bunga Hinai, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
1, Jalan Bunga Hinai, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
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Selling in The Penthouse? Homes here sold for a median of RM3,925,000.
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The Penthouse
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 Tokong
1, Jalan Bunga Hinai, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Penthouse in Timur Laut, Penang recorded 0 subsale transactions in 2024, with a median price of RM3.93 million and a median price per square foot (PSF) of RM788.
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 RM3.93 million, with most transactions falling within a stable range of RM3.68 million to RM4.18 million, and a typical market range of RM3.34 million to RM4.51 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM788, with most transactions between RM738 and RM839. The usual range is RM754.38 to RM821.63, showing that most units are priced quite close to each other. With an IQR of RM67.25 and MAD of RM51, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.