Penang
Seberang Perai Selatan
11
TAMAN BAHAGIA (SPS)

TAMAN BAHAGIA (SPS)

Area Intelligence

2022

Median Price

RM 330,000

PSF: RM 143

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 143

TAMAN BAHAGIA (SPS) in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 143.

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 330K, with most transactions falling within a stable range of RM 310K to RM 350K, and a typical market range of RM 304K to RM 356K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 143, with core pricing between RM 120 and RM 166. Market pricing typically extends from RM 126.50 to RM 159.50, reflecting moderate variation in unit pricing. The spread of RM 33.00 (IQR) and deviation of RM 23 (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.

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TAMAN BAHAGIA (SPS), Seberang Perai Selatan, Penang

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