TAMAN CRESCENTIA in Seberang Perai Selatan, Penang recorded 24 subsale transactions in 2023, with a median price of RM 372K and a median price per square foot (PSF) of RM 299.
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 372K, with most transactions falling within a stable range of RM 318K to RM 426K, and a typical market range of RM 317K to RM 427K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 299, though individual units vary from RM 236 to RM 361 in the core range. The broader market spans RM 240.00 to RM 357.00, indicating diverse property characteristics. The spread of RM 117.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.
