TAMAN SERI IPIL in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2021, with a median price of RM 450K and a median price per square foot (PSF) of RM 266.
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 450K, with most transactions falling within a stable range of RM 428K to RM 472K, and a typical market range of RM 415K to RM 485K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
For price per square foot, the median is RM 266, with most transactions between RM 254 and RM 278. The usual range is RM 248.25 to RM 283.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.50 and an average deviation (MAD) of RM 12 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
