Penang
Seberang Perai Selatan
14
TAMAN SERI TAMBUN

TAMAN SERI TAMBUN

Area Intelligence

2023

Median Price

RM 550,000

PSF: RM 343

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Residential PSF Trends

Median Price

RM 550,000

PSF: RM 343

TAMAN SERI TAMBUN in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 343.

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 550K, with most transactions falling within a stable range of RM 491K to RM 610K, and a typical market range of RM 499K to RM 601K.

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

For price per square foot, the median is RM 343, with most transactions between RM 337 and RM 349. The usual range is RM 338.75 to RM 347.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.50 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI TAMBUN, Seberang Perai Selatan, Penang

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