Jalan Tunku Abdul Rahman/Air Rajah in Timur Laut, Penang recorded 1 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM7.70 million and a median price per square foot (PSF) of RM563.

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

Price remained flat, and PSF growth was PSF remained flat.

Within the Bungalow category, detached dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM563, with most transactions between RM563 and RM563. The usual range is RM550.25 to RM575.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM25.50 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.