TAMAN PERDANA in Seberang Perai Selatan, Penang recorded 18 subsale transactions in 2022, with a median price of RM 603K and a median price per square foot (PSF) of RM 316.
This area contains both residential and commercial properties. View 60 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 603K, with most transactions falling within a stable range of RM 538K to RM 668K, and a typical market range of RM 494K to RM 711K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 316, with core pricing between RM 273 and RM 359. Market pricing typically extends from RM 265.25 to RM 366.75, reflecting moderate variation in unit pricing. With an IQR of RM 101.50 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.
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. Limited transaction history suggests carefully evaluating comparable sales data.
