Penang
Seberang Perai Selatan
15
TAMAN TASEK PALMA

TAMAN TASEK PALMA

Area Intelligence

2023

Median Price

RM 493,000

PSF: RM 387

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Residential PSF Trends

Median Price

RM 493,000

PSF: RM 387

TAMAN TASEK PALMA in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2023, with a median price of RM 493K and a median price per square foot (PSF) of RM 387.

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 493K, with most transactions falling within a stable range of RM 483K to RM 493K, and a typical market range of RM 480K to RM 493K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 387, with most transactions between RM 380 and RM 394. The usual range is RM 381.13 to RM 392.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.75 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

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.

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TAMAN TASEK PALMA, Seberang Perai Selatan, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,250 sqft

Double Storey Terraced

1,250 sqft

Double Storey Terraced

RM 465,000

JALAN TASEK MUTIARA 2

1,249 sqft · RM 372 PSF

Sep 2023

RM 493,000

JALAN TASEK MUTIARA 2

1,259 sqft · RM 391 PSF

Mar 2023

RM 487,000

JALAN TASEK MUTIARA 2

1,270 sqft · RM 383 PSF

Mar 2023

RM 485,000

JALAN TASEK MUTIARA 2

1,238 sqft · RM 392 PSF

Feb 2023

RM 493,000

JALAN TASEK MUTIARA 2

1,259 sqft · RM 391 PSF

Feb 2023

RM 493,000

JALAN TASEK MUTIARA 2

1,259 sqft · RM 391 PSF

Jan 2023

JALAN TASEK MUTIARA 2	RM 465,000	RM 372	1,249 sqft	Sep 2023
JALAN TASEK MUTIARA 2	RM 493,000	RM 391	1,259 sqft	Mar 2023
JALAN TASEK MUTIARA 2	RM 487,000	RM 383	1,270 sqft	Mar 2023
JALAN TASEK MUTIARA 2	RM 485,000	RM 392	1,238 sqft	Feb 2023
JALAN TASEK MUTIARA 2	RM 493,000	RM 391	1,259 sqft	Feb 2023
JALAN TASEK MUTIARA 2	RM 493,000	RM 391	1,259 sqft	Jan 2023