TAMAN PERDANA

Area Intelligence

2021

Median Price

RM 575,000

PSF: RM 286

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Residential PSF Trends

Median Price

RM 557,000

PSF: RM 305

Commercial PSF Trends

Median Price

RM 1,600,000

RM 106 PSF

TAMAN PERDANA in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2021, with a median price of RM 575K and a median price per square foot (PSF) of RM 286.

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 575K, with most transactions falling within a stable range of RM 438K to RM 865K, and a typical market range of RM 466K to RM 684K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 286, though individual units vary from RM 215 to RM 357 in the core range. The broader market spans RM 235.25 to RM 336.75, indicating diverse property characteristics. The spread of RM 101.50 (IQR) and deviation of RM 71 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN PERDANA, Seberang Perai Selatan, Penang

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