TAMAN SERI IPIL in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2023, with a median price of RM 474K and a median price per square foot (PSF) of RM 202.
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 474K, with most transactions falling within a stable range of RM 426K to RM 498K, and a typical market range of RM 439K to RM 498K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 202, with core pricing between RM 173 and RM 230. Market pricing typically extends from RM 183.75 to RM 219.25, reflecting moderate variation in unit pricing. With an IQR of RM 35.50 and MAD of RM 28, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
