TAMAN MAS in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 440K and a median price per square foot (PSF) of RM 216.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 380K to RM 500K, and a typical market range of RM 380K to RM 500K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
Price per square foot shows a median of RM 216, though individual units vary from RM 171 to RM 261 in the core range. The broader market spans RM 148.00 to RM 284.00, indicating diverse property characteristics. The spread of RM 136.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
