Area Intelligence

TAMAN KUALA SG PINANG

2 properties
2022
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Median Price
RM 350,000
PSF: RM 120

Residential Market

Median Price

RM 350,000

IQR: RM 60
MAD: RM 29
RM 120 PSF 1.2%

PSF Trends (2021-2025)

TAMAN KUALA SG PINANG in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 120.

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 350K, with most transactions falling within a stable range of RM 300K to RM 400K, and a typical market range of RM 309K to RM 391K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 120, with most transactions between RM 116 and RM 124. The usual range is RM 90.00 to RM 150.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN KUALA SG PINANG, Barat Daya, Penang

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Transactions

2 properties grouped by size

2,400 sqft
1 units Detached
RM 300,000
SOLOK NELAYAN 10
2,411 sqft · RM 124.00 PSF
Jun 2022
3,450 sqft
1 units Detached
RM 400,000
LORONG KUALA SUNGAI PINANG
3,455 sqft · RM 116.00 PSF
May 2022

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