Tanjong Park
Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold
Homes in Tanjong Park have sold for a median of
RM550,000
RM674 psf on the recorded floor area
Half of the 25 recorded sales fell between RM513,000 and RM658,000. One in ten went under RM497,000, one in ten over RM738,210. Sales run from 22 February 2022 to 2 December 2025.
Up 0% from a RM550,000 median in 2022 to RM550,000 in 2024.
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
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2022 | RM550,000 | RM697 psf | 8 |
| 2023 | RM565,000 | RM740 psf | 3 |
| 2024 | RM550,000 | RM661 psf | 11 |
| 2025 | RM550,000 | RM720 psf | 3 |
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, Tanjong Park sits 108 of 154 in that set.
101 cheaper schemes above
40 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. Tanjong Park’s own median is RM550,000 — higher than that state median. Full Penang table.
Cash and monthly on the RM550,000 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%): RM55,000
- Transfer duty (MOT): RM10,500
- Loan duty (0.5%): RM2,475
- Total cash: RM67,975
Monthly carry
- Instalment (35y @ 4.00%): RM2,192
- Total monthly: RM2,192
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Tanjong Park sold for?
- A median of RM550,000 (RM674 psf), from 25 land-office transactions between 22 February 2022 and 2 December 2025.
- What is a typical band here?
- Half of recorded sales fell between RM513,000 and RM658,000. One in ten went under RM497,000; one in ten over RM738,210.
- Has the median moved?
- From RM550,000 in 2022 to RM550,000 in 2024 (+0%), 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.