TAMAN SIMPANG EMPAT in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 350.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 335K, with most transactions falling within a stable range of RM 280K to RM 390K, and a typical market range of RM 300K to RM 370K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 350, with core pricing between RM 292 and RM 408. Market pricing typically extends from RM 313.50 to RM 386.50, reflecting moderate variation in unit pricing. The spread of RM 73.00 (IQR) and deviation of RM 58 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
