BandingHouse

Taman Tanjung Indah

Seberang Perai Utara, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Taman Tanjung Indah have sold for a median of

RM615,000

RM390 psf on the recorded floor area

RM268,000median RM615,000RM800,000

Half of the 21 recorded sales fell between RM268,000 and RM800,000. One in ten went under RM195,000, one in ten over RM1,050,000. Sales run from 13 April 2021 to 27 April 2024.

Up 22% from a RM615,000 median in 2022 to RM751,500 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
2021RM225,000RM294 psf2
2022RM615,000RM390 psf9
2023RM751,500RM412 psf8
2024RM197,500RM306 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 Seberang Perai Utara with enough recorded sales, cheapest first. By median sold price, Taman Tanjung Indah sits 29 of 29 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Taman Tanjung Indah’s own median is RM615,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM615,000 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%): RM61,500
  • Transfer duty (MOT): RM12,450
  • Loan duty (0.5%): RM2,768
  • Total cash: RM76,718

Monthly carry

  • Instalment (35y @ 4.00%): RM2,451
  • Total monthly: RM2,451

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 Tanjung Indah sold for?
A median of RM615,000 (RM390 psf), from 21 land-office transactions between 13 April 2021 and 27 April 2024.
What is a typical band here?
Half of recorded sales fell between RM268,000 and RM800,000. One in ten went under RM195,000; one in ten over RM1,050,000.
Has the median moved?
From RM615,000 in 2022 to RM751,500 in 2023 (+22%), 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.