Area Intelligence

VANTAGE DESIRAN TANJUNG

12 properties
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Median Price
RM 1,080,000
PSF: RM 750

Commercial Market

Median Price

RM 1,080,000

IQR: RM 284
MAD: RM 137
RM 750 PSF 19.7%

PSF Trends (2021-2025)

VANTAGE DESIRAN TANJUNG in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 750.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.08 million, with most transactions falling within a stable range of RM 883K to RM 1.28 million, and a typical market range of RM 899K to RM 1.26 million.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 750, with core pricing between RM 613 and RM 887. Market pricing typically extends from RM 608.25 to RM 891.75, reflecting moderate variation in unit pricing. The spread of RM 283.50 (IQR) and deviation of RM 137 (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.

Area Location

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VANTAGE DESIRAN TANJUNG, Timur Laut, Penang

OSM

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Transactions

12 properties grouped by size

1,350 sqft
1 units Shop/Retail Lot
RM 2,160,000
1,371 sqft · RM 1,575.00 PSF
May 2022
1,450 sqft
9 units (showing 6) Shop/Retail Lot
RM 1,275,000
1,440 sqft · RM 885.00 PSF
Mar 2024
RM 1,390,000
1,440 sqft · RM 965.00 PSF
Mar 2024
RM 1,110,000
1,440 sqft · RM 771.00 PSF
Feb 2024
RM 1,400,000
1,440 sqft · RM 972.00 PSF
Sep 2023
RM 1,050,000
1,440 sqft · RM 729.00 PSF
Jan 2023
RM 1,020,000
1,440 sqft · RM 708.00 PSF
Nov 2022
1,600 sqft
1 units Shop/Retail Lot
RM 1,300,000
1,608 sqft · RM 809.00 PSF
Jun 2023
1,700 sqft
1 units Shop/Retail Lot
RM 980,000
1,687 sqft · RM 581.00 PSF
Jun 2022