Tanjung Bungah, Timur Laut, Pulau Pinang property prices

Transactions from January 2021 to June 2026

Recorded Transactions385
Total Properties Sold52
Total transactions ≤ RM1,000,000250
Total transactions above RM1,000,000135

Totals for Tanjung Bungah, Timur Laut, Pulau Pinang only. Properties sold counts distinct developments, not individual units.

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Tanjung Bungah, Timur Laut, Pulau Pinang property prices: key facts

Median Transacted Price
RM 650,000
Median Price PSF
RM 493.55
Most Preferred Tenure
Freehold
Most Transacted Property Type
Condominium/Apartment
Most Transacted Property
Taman Pemimpin (Leader Garden)
Most Properties Sold In
December 2021 (19 Sales)
Low-Cost / Affordable Sold
57 (Up To RM 300,000)
Medium-Cost / Mid-Market Sold
166 (Above RM 300,000 To RM 800,000)
Luxury / High-End Sold
106 (Above RM 800,000 To RM 2,500,000)
Ultra-Luxury Sold
56 (Above RM 2,500,000)

Price bands cover positive transaction prices, including decimal amounts, with no gaps between tiers. Most-transacted facts reflect recorded volume, not a survey of buyer preferences.

Median price by year

Yearly transaction medians for Tanjung Bungah, Timur Laut, Pulau Pinang
YearMedian priceMedian RM/sqftTotal transactions
2026RM 570,000RM 417.9522
2025RM 505,000RM 470.2252
2024RM 645,000RM 501.5795
2023RM 710,000RM 509.1197
2022RM 775,000RM 498.4285
2021RM 414,000RM 399.3534

Most Transacted Properties in Tanjung Bungah, Timur Laut, Pulau Pinang

Most Transacted Properties in Tanjung Bungah, Timur Laut, Pulau Pinang, ranked by recorded transactions
Property name Property type Total transactions Median price Median RM/sqft
TAMAN PEMIMPIN (LEADER GARDEN) Condominium/Apartment 48 RM 465,000 RM 403.95
AZURIA CONDO Flat 42 RM 300,000 RM 435.48
RATU MUTIARA (TAMAN RATU) Low-Cost Flat 34 RM 42,000 RM 59.12
SURIN CONDO Condominium/Apartment 24 RM 725,000 RM 594.25
INFINITY CONDOMINIUM Condominium/Apartment 18 RM 2,685,000 RM 753.40
TAMAN CONCORD 1 - 1 1/2 Storey Terraced 18 RM 737,500 RM 543.61
DIAMOND VILLA Condominium/Apartment 16 RM 845,000 RM 500.46
THE COVE Condominium/Apartment 15 RM 2,900,000 RM 497.08
TIARA VIEW Condominium/Apartment 15 RM 360,000 RM 407.87
1 TANJONG Condominium/Apartment 11 RM 3,650,000 RM 904.26

Matching scheme names are combined within this report's location. Property links open the location with the most recorded transactions; its detail totals may differ from this combined ranking. Names without a complete report location are not linked. For mixed-type schemes, the most transacted property type is shown.

Tanjung Bungah, Timur Laut, Pulau Pinang Property Market Insight

Between January 2021 and June 2026, Tanjung Bungah, Timur Laut, Pulau Pinang recorded 385 property transactions within this area. The overall median transacted price stood at RM 650,000 (RM 493.55 PSF), serving as a practical benchmark for comparing localized values.

The market's upper bound reached RM 7,100,000 in tanjung bungah, whereas the lowest recorded sale was RM 42,000 in tanjung bungah. Across the area, Condominium/Apartment emerged as the most transacted property type.

Extreme prices describe individual recorded sales, not the typical price of an entire area.

Frequently Asked Questions

What is the median property price in Tanjung Bungah, Timur Laut, Pulau Pinang?

The median transacted property price in Tanjung Bungah, Timur Laut, Pulau Pinang is RM 650,000 (RM 493.55 per sq. ft.), based on 385 recorded sales from January 2021 to June 2026.

How much do high-rise properties cost in Tanjung Bungah, Timur Laut, Pulau Pinang?

The median transacted price for high-rise properties (condominiums and apartments) in Tanjung Bungah, Timur Laut, Pulau Pinang is RM 685,000, based on 210 transactions recorded from January 2021 to June 2026.

What type of tenure do buyers in Tanjung Bungah, Timur Laut, Pulau Pinang prefer?

Freehold is the most frequently transacted tenure, accounting for 364 of 385 recorded transactions. Sales volume alone does not establish buyer preference.

How do residential and commercial prices compare in Tanjung Bungah, Timur Laut, Pulau Pinang?

Residential properties in Tanjung Bungah, Timur Laut, Pulau Pinang transacted at a median price of RM 650,000 across 378 sales, while commercial and industrial properties transacted at a median of RM 1,300,000 across 7 sales. A median is unavailable when no usable prices are recorded.

What are the most active or dominant property sub-sectors in Tanjung Bungah, Timur Laut, Pulau Pinang?

Condominium/Apartment accounts for the most recorded transactions (201). This identifies the most active category in this dataset; it does not by itself prove sustained demand or liquidity.

How reliable is this data, and can I rely on it to make a decision for my next property purchase?

These metrics are strictly for personal reference, market comparison, and informational purposes only. They are calculated from the imported transaction database; attribution to official sources such as NAPIC/JPPH should be independently verified. They are not professional financial, legal, or real estate investment advice. Property values can vary with individual unit condition, facing, floor level, renovation quality, and changing market dynamics. Always perform independent due diligence, consult a licensed real estate agent or registered valuer, and assess your personal financial position before making a property purchase or investment commitment.

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How to read these figures

Medians use all positive recorded prices in the stated period, without removing outliers. PSF is calculated per transaction using land/parcel area in square feet, falling back to main floor area when land area is unavailable. Records without a usable price or area do not contribute to the respective median.

Capital gain/loss compares the first and latest recorded month's median price. It measures changes in the mix of properties sold, not the return on a specific property. A single priced month is reported as not available. Blank district, area and scheme names are excluded from named counts and rankings. District rankings retain state identity; area rankings retain district identity and combine case-only area-name variants.

State assignments use the existing district/area mapping and may need verification. Areas represent administrative sub-districts. Date ranges use the recorded month and year; undated records remain in overall totals but not dated trends. Analytics are cached for up to five minutes and refreshed when the database file changes.

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