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. The median price is RM 259K, with most transactions falling within a stable range of RM 190K to RM 328K, and a typical market range of RM 184K to RM 335K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 192, with core pricing between RM 169 and RM 215. Market pricing typically extends from RM 167.25 to RM 215.75, reflecting moderate variation in unit pricing. With an IQR of RM 48.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
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.
