TAMAN ECO MEADOW in Seberang Perai Selatan, Penang recorded 12 subsale transactions in 2024, with a median price of RM 815K and a median price per square foot (PSF) of RM 511.
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 815K, with most transactions falling within a stable range of RM 718K to RM 912K, and a typical market range of RM 743K to RM 888K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 511, with core pricing between RM 413 and RM 608. Market pricing typically extends from RM 453.00 to RM 568.00, reflecting moderate variation in unit pricing. The spread of RM 115.00 (IQR) and deviation of RM 98 (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. 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.
