TAMAN CRESCENTIA

TAMAN CRESCENTIA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 292K and a median price per square foot (PSF) of RM 347.

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 292K, with most transactions falling within a stable range of RM 238K to RM 346K, and a typical market range of RM 237K to RM 347K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 347, with core pricing between RM 285 and RM 410. Market pricing typically extends from RM 288.50 to RM 405.50, reflecting moderate variation in unit pricing. The spread of RM 117.00 (IQR) and deviation of RM 63 (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.