TAMAN REBANA in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 214K and a median price per square foot (PSF) of RM 142.
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 214K, with most transactions falling within a stable range of RM 154K to RM 274K, and a typical market range of RM 139K to RM 289K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 142, though individual units vary from RM 78 to RM 206 in the core range. The broader market spans RM 88.00 to RM 196.00, indicating diverse property characteristics. A wider spread (IQR: RM 108.00) and deviation (MAD: RM 64) 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.
