TAMAN REBANA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 214.
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 300K, with most transactions falling within a stable range of RM 300K to RM 330K, and a typical market range of RM 300K to RM 360K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 214, with most transactions between RM 197 and RM 231. The usual range is RM 160.00 to RM 268.00, showing that most units are priced quite close to each other. With an IQR of RM 108.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.
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.
