TAMAN BELIBIS

Area Intelligence

2021

Median Price

RM 61,000

PSF: RM 107

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Residential PSF Trends

Median Price

RM 61,000

PSF: RM 107

Commercial PSF Trends

Median Price

RM 675,000

RM 565 PSF

TAMAN BELIBIS in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 61K and a median price per square foot (PSF) of RM 107.

This area contains both residential and commercial properties. View 37 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 61K, with most transactions falling within a stable range of RM 49K to RM 73K, and a typical market range of RM 49K to RM 73K.

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

The median PSF stands at RM 107, with core pricing between RM 86 and RM 128. Market pricing typically extends from RM 48.25 to RM 165.75, reflecting moderate variation in unit pricing. The spread of RM 117.50 (IQR) and deviation of RM 21 (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 BELIBIS, Seberang Perai Selatan, Penang

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