TAMAN MAK LIEW TEIK

TAMAN MAK LIEW TEIK in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 169.

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 400K, with most transactions falling within a stable range of RM 380K to RM 476K, and a typical market range of RM 380K to RM 440K.

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

The median PSF stands at RM 169, with core pricing between RM 143 and RM 195. Market pricing typically extends from RM 154.38 to RM 183.63, reflecting moderate variation in unit pricing. The spread of RM 29.25 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.