Penang
Barat Daya
11
TAMAN VANILA

TAMAN VANILA

Area Intelligence

2023

Median Price

RM 632,500

PSF: RM 571

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Residential PSF Trends

Median Price

RM 632,500

PSF: RM 571

TAMAN VANILA in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 633K and a median price per square foot (PSF) of RM 571.

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 633K, with most transactions falling within a stable range of RM 625K to RM 640K, and a typical market range of RM 625K to RM 640K.

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

For price per square foot, the median is RM 571, with most transactions between RM 569 and RM 572. The usual range is RM 467.63 to RM 673.38, showing that most units are priced quite close to each other. With an IQR of RM 205.75 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN VANILA, Barat Daya, Penang

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