TAMAN IDAMAN in Seberang Perai Selatan, Penang recorded 30 subsale transactions in 2022, with a median price of RM 455K and a median price per square foot (PSF) of RM 269.
This area contains both residential and commercial properties. View 57 residential properties or 10 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 455K, with most transactions falling within a stable range of RM 225K to RM 685K, and a typical market range of RM 227K to RM 683K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 269, though individual units vary from RM 167 to RM 370 in the core range. The broader market spans RM 189.25 to RM 347.75, indicating diverse property characteristics. A wider spread (IQR: RM 158.50) and deviation (MAD: RM 101) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
