Alila Homes
Tanjung Bungah, Pulau Pinang, Malaysia
Tanjung Bungah, Pulau Pinang, Malaysia
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Alila Homes
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM685,000
RM584 psfMedian transaction price
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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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Alila Homes, Tanjung Bungah, Pulau Pinang, Malaysia
MapsAlila Homes in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM685K and a median price per square foot (PSF) of RM584.
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 RM685K, with most transactions falling within a stable range of RM680K to RM690K, and a typical market range of RM680K to RM690K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM584, with most transactions between RM580 and RM588. The usual range is RM452.72 to RM714.97, showing that most units are priced quite close to each other. With an IQR of RM262.25 and MAD of RM4, 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.