TAMAN BELIBIS in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2024, with a median price of RM 80K and a median price per square foot (PSF) of RM 140.
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 80K, with most transactions falling within a stable range of RM -5,000 to RM 165K, and a typical market range of RM -28,750 to RM 189K.
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 140, though individual units vary from RM 86 to RM 194 in the core range. The broader market spans RM 81.25 to RM 198.75, indicating diverse property characteristics. A wider spread (IQR: RM 117.50) and deviation (MAD: RM 54) 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.
