TAMAN TAMBUN JAYA

Area Intelligence
2024
Median Price
RM 415,000
PSF: RM 324

Residential PSF Trends

Median Price

RM 415,000

PSF: RM 324

TAMAN TAMBUN JAYA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 415K and a median price per square foot (PSF) of RM 324.

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 415K, with most transactions falling within a stable range of RM 370K to RM 460K, and a typical market range of RM 351K to RM 479K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 324, with core pricing between RM 275 and RM 374. Market pricing typically extends from RM 276.38 to RM 371.63, reflecting moderate variation in unit pricing. The spread of RM 95.25 (IQR) and deviation of RM 50 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TAMBUN JAYA, Seberang Perai Selatan, Penang

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