BandingHouse

Taman Kheng Tian

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Taman Kheng Tian have sold for a median of

RM360,000

RM538 psf on the recorded floor area

RM350,000median RM360,000RM380,000

Half of the 30 recorded sales fell between RM350,000 and RM380,000. One in ten went under RM320,000, one in ten over RM400,000. Sales run from 26 November 2021 to 11 March 2026.

Up 3% from a RM360,000 median in 2022 to RM372,500 in 2023.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM342,500RM497 psf4
2022RM360,000RM532 psf10
2023RM372,500RM542 psf6
2024RM382,500RM564 psf4
2025RM365,000RM521 psf4
2026RM338,500RM507 psf2

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Taman Kheng Tian sits 77 of 154 in that set.

70 cheaper schemes above

71 dearer schemes below

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Taman Kheng Tian’s own median is RM360,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM360,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM36,000
  • Transfer duty (MOT): RM6,200
  • Loan duty (0.5%): RM1,620
  • Total cash: RM43,820
  • Qualifying first home: RM36,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,435
  • Total monthly: RM1,435

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Taman Kheng Tian sold for?
A median of RM360,000 (RM538 psf), from 30 land-office transactions between 26 November 2021 and 11 March 2026.
What is a typical band here?
Half of recorded sales fell between RM350,000 and RM380,000. One in ten went under RM320,000; one in ten over RM400,000.
Has the median moved?
From RM360,000 in 2022 to RM372,500 in 2023 (+3%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.