TAMAN BERJAYA (SPS) in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 275K and a median price per square foot (PSF) of RM 186.
This area contains both residential and commercial properties. View 7 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 275K, with most transactions falling within a stable range of RM 210K to RM 340K, and a typical market range of RM 210K to RM 340K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 186, with core pricing between RM 153 and RM 218. Market pricing typically extends from RM 152.63 to RM 218.38, reflecting moderate variation in unit pricing. The spread of RM 65.75 (IQR) and deviation of RM 33 (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.
