TAMAN TAMBUN JAYA

Area Intelligence
2022
Median Price
RM 222,500
PSF: RM 192

Residential PSF Trends

Median Price

RM 222,500

PSF: RM 192

TAMAN TAMBUN JAYA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 223K and a median price per square foot (PSF) of RM 192.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 192, with most transactions between RM 192 and RM 192. The usual range is RM 144.38 to RM 239.63, showing that most units are priced quite close to each other. With an IQR of RM 95.25 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TAMBUN JAYA, Seberang Perai Selatan, Penang

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