TAMAN BELIBIS

Area Intelligence

2022

Median Price

RM 70,000

PSF: RM 123

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Residential PSF Trends

Median Price

RM 70,000

PSF: RM 123

Commercial PSF Trends

Median Price

RM 675,000

RM 565 PSF

TAMAN BELIBIS in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 70K and a median price per square foot (PSF) of RM 123.

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 70K, with most transactions falling within a stable range of RM 55K to RM 85K, and a typical market range of RM 55K to RM 85K.

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

Price per square foot shows a median of RM 123, though individual units vary from RM 96 to RM 149 in the core range. The broader market spans RM 63.75 to RM 181.25, indicating diverse property characteristics. The spread of RM 117.50 (IQR) and deviation of RM 27 (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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