Penang, Malaysia

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Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

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Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Tanjung Bungah *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Neighbourhood Review


Tanjung Bungah is a neighbourhood situated along the northern coastline of Penang. Translated from Malay as "flower cape", the area was originally occupied by fishermen. It began to undergo development particularly during the 1980s, as the development of the state capital spread to nearby neighbourhoods and towns.

Other than being a well-loved destination for holiday-makers, Tanjung Bungah is also home to many luxury properties, be it high-rise or landed. The residential units serve the purposes of both permanent and vacation homes. Despite its popularity as a residential area for those working (or studying) in Georgetown and the northern side of Penang, the neighbourhood remains relatively peaceful, for example compared to nearby seaside town Batu Feringghi.

There are several attractions in Tanjung Bungah – the Penang Toy Museum, a weekly night market and the Tanjung Bungah Floating Mosque, for example. The Penang Water Sports Centre, Penang Swimming Club and Penang Chinese Swimming Club provide a variety of facilities for sports like kayaking, boating, swimming, tennis, squash, table tennis and badminton.

Amenities within the vicinity include the massive Tanjung Bungah wet market, a bus terminal where public buses depart and arrive, and the Penang Adventist Hospital. Families with school-age children will find the proximity of schools such as SK Tanjung Bungah, SMK Tanjung Bungah, SJK (C) Poay Wah, SK Pendidikan Khas Persekutuan and the Dalat International School extremely appealing.

In 1999, Tanjung Bungah saw yet another influx of students when a permanent campus of the Tunku Abdul Rahman University College (TARC) was built in the suburb. It currently offers no less than 20 courses at both diploma and degree levels.

There is also no lack of food and beverage outlets, shopping complexes and recreation or entertainment facilities in and around the neighbourhood, with places like Island Plaza, the Gurney area – encompassing Gurney Drive Food Court, Gurney Promenade, Gurney Plaza and Gurney Paragon – and Straits Quay, which is in the nearby neighbourhood of Seri Tanjung Pinang.

Transportation, both private and public, is convenient. Other than the aforementioned bus terminal, the public buses that pass by main roads in Tanjung Bungah are busses number 101, 102, 103 and 104. Furthermore, the main road of the neighbourhood was upgraded and widened in the recent years, smoothening the flow of traffic through the area.

Consumer Price Index

This is a representation of Penang Consumer Price Index (CPI) for the year of 2011 - 2015

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A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.742% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.169% in the year 2014 while surging by 2.529% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 110.7 in 2014, 113.5 in 2015.

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Community of Tanjung Bungah

Living in Jalan Sam Ah Chow, it's a quiet, good for families with a playground for kids. It is also , near college, market and hawker centre. Traffic is not too bad, although there is no LRT close by but easy access to buses & taxis.
Allison Siew
Nice quite place to live, away from the city yet access to the city is a just short drive away.
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