TAMAN COWIN

Area Intelligence

2022

Median Price

RM 259,000

PSF: RM 192

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Residential PSF Trends

Median Price

RM 259,000

PSF: RM 192

TAMAN COWIN in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 259K and a median price per square foot (PSF) of RM 192.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 192, with most transactions between RM 192 and RM 192. The usual range is RM 167.25 to RM 215.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.

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TAMAN COWIN, Seberang Perai Selatan, Penang

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