TAMAN TAMBUN JAYA in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2022, with a median price of RM 60K and a median price per square foot (PSF) of RM 109.
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 60K, with most transactions falling within a stable range of RM 15K to RM 105K, and a typical market range of RM -4,375 to RM 124K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 109, though individual units vary from RM 60 to RM 159 in the core range. The broader market spans RM 61.38 to RM 156.63, indicating diverse property characteristics. A wider spread (IQR: RM 95.25) and deviation (MAD: RM 50) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
