TAMAN REBANA in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 228.
This area contains both residential and commercial properties. View 14 residential properties or 7 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 301K to RM 300K, and a typical market range of RM 250K to RM 300K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 228, with core pricing between RM 188 and RM 268. Market pricing typically extends from RM 174.00 to RM 282.00, reflecting moderate variation in unit pricing. The spread of RM 108.00 (IQR) and deviation of RM 40 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
