Area Intelligence

TAMAN SRI TUNAS

5 properties
2023
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Median Price
RM 1,430,000
PSF: RM 568

Residential Market

Median Price

RM 850,000

IQR: RM 70
MAD: RM 46
RM 511 PSF 17.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,850,000

IQR: RM 49
MAD: RM 33
RM 1,202 PSF 1.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SRI TUNAS in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.43 million and a median price per square foot (PSF) of RM 568.

This area contains both residential and commercial properties. View 6 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.43 million, with most transactions falling within a stable range of RM 928K to RM 1.93 million, and a typical market range of RM 1.01 million to RM 1.85 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 568, though individual units vary from RM 227 to RM 909 in the core range. The broader market spans RM 290.00 to RM 846.00, indicating diverse property characteristics. A wider spread (IQR: RM 556.00) and deviation (MAD: RM 341) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SRI TUNAS, Barat Daya, Penang

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Transactions

5 properties grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 670,000
LORONG MAYANG PASIR 4
1,399 sqft · RM 479.00 PSF
Sep 2023
1,500 sqft
1 units Double Storey Terraced
RM 850,000
LORONG MAYANG PASIR 2
1,496 sqft · RM 568.00 PSF
Jan 2023
1,550 sqft
2 units 3-Storey Storey Shop
RM 2,000,000
JALAN MAYANG PASIR
1,539 sqft · RM 1,299.00 PSF
Jun 2023
RM 1,700,000
LORONG MAYANG PASIR
1,539 sqft · RM 1,104.00 PSF
Jun 2023
2,800 sqft
1 units Double Storey Terraced
RM 1,430,000
LORONG MAYANG PASIR 2
2,799 sqft · RM 511.00 PSF
Oct 2023