TAMAN VANILA

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 384.

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.

The median PSF stands at RM 384, with core pricing between RM 320 and RM 447. Market pricing typically extends from RM 280.63 to RM 486.38, reflecting moderate variation in unit pricing. The spread of RM 205.75 (IQR) and deviation of RM 64 (MAD) suggest moderate price variations reflecting different property features.

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.