TAMAN SRI GENTING

TAMAN SRI GENTING in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 485K and a median price per square foot (PSF) of RM 171.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 485K, with most transactions falling within a stable range of RM 463K to RM 507K, and a typical market range of RM 472K to RM 498K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 171, with most transactions between RM 163 and RM 179. The usual range is RM 164.25 to RM 176.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.50 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.