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. The median price is RM 259K, with most transactions falling within a stable range of RM 200K to RM 318K, and a typical market range of RM 200K to RM 318K.

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 154 and RM 229. Market pricing typically extends from RM 167.25 to RM 215.75, reflecting moderate variation in unit pricing. The spread of RM 48.50 (IQR) and deviation of RM 38 (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.

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TAMAN COWIN, Seberang Perai Selatan, Penang

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