TAMAN BELIBIS in Seberang Perai Selatan, Penang recorded 15 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 246.
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 280K, with most transactions falling within a stable range of RM 195K to RM 365K, and a typical market range of RM 171K to RM 389K.
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 246, though individual units vary from RM 192 to RM 300 in the core range. The broader market spans RM 187.25 to RM 304.75, indicating diverse property characteristics. The spread of RM 117.50 (IQR) and deviation of RM 54 (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.
