TAMAN IPIL PERMATA

TAMAN IPIL PERMATA in Seberang Perai Selatan, Penang recorded 26 subsale transactions in 2023, with a median price of RM 402K and a median price per square foot (PSF) of RM 318.

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 402K, with most transactions falling within a stable range of RM 385K to RM 419K, and a typical market range of RM 368K to RM 436K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 318, with most transactions between RM 298 and RM 338. The usual range is RM 266.75 to RM 369.25, showing that most units are priced quite close to each other. With an IQR of RM 102.50 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.