TAMAN ECO MEADOW

TAMAN ECO MEADOW in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2023, with a median price of RM 710K and a median price per square foot (PSF) of RM 493.

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 710K, with most transactions falling within a stable range of RM 631K to RM 790K, and a typical market range of RM 638K to RM 783K.

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

The median PSF stands at RM 493, with core pricing between RM 427 and RM 559. Market pricing typically extends from RM 435.50 to RM 550.50, reflecting moderate variation in unit pricing. With an IQR of RM 115.00 and MAD of RM 66, 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. Limited transaction history suggests carefully evaluating comparable sales data.