TAMAN TAMBUN JAYA

TAMAN TAMBUN JAYA in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2023, with a median price of RM 445K and a median price per square foot (PSF) of RM 341.

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 445K, with most transactions falling within a stable range of RM 400K to RM 490K, and a typical market range of RM 381K to RM 509K.

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

The median PSF stands at RM 341, with core pricing between RM 291 and RM 390. Market pricing typically extends from RM 292.88 to RM 388.13, reflecting moderate variation in unit pricing. With an IQR of RM 95.25 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

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.