TAMAN SUNGAI ACHEH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 165K and a median price per square foot (PSF) of RM 117.
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 165K, with most transactions falling within a stable range of RM 135K to RM 195K, and a typical market range of RM 130K to RM 200K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 117, with core pricing between RM 96 and RM 138. Market pricing typically extends from RM 100.75 to RM 132.25, reflecting moderate variation in unit pricing. The spread of RM 31.50 (IQR) and deviation of RM 21 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
