Penang
Barat Daya
11
TAMAN VANILA

TAMAN VANILA

Area Intelligence

2022

Median Price

RM 615,000

PSF: RM 524

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TAMAN VANILA in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 615K and a median price per square foot (PSF) of RM 524.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 615K, with most transactions falling within a stable range of RM 210K to RM 1.02 million, and a typical market range of RM 448K to RM 782K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 524, though individual units vary from RM 320 to RM 729 in the core range. The broader market spans RM 421.51 to RM 627.26, indicating diverse property characteristics. A wider spread (IQR: RM 205.75) and deviation (MAD: RM 205) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN VANILA, Barat Daya, Penang

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