Taman Tasek Palma
Malaysia, Pulau Pinang, Simpang Ampat, lorong tasek palma12, 114120
Malaysia, Pulau Pinang, Simpang Ampat, lorong tasek palma12, 114120
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Market Snapshot
ResidentialRM 493,000
RM 391 psfMedian transaction price
Malaysia, Pulau Pinang, Simpang Ampat, lorong tasek palma12, 114120
MapsTaman Tasek Palma in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2021, with a median price of RM 493K and a median price per square foot (PSF) of RM 391.
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 504K, and a typical market range of RM 462K to RM 524K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 391, with most transactions between RM 390 and RM 392. The usual range is RM 386.50 to RM 395.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.00 and an average deviation (MAD) of RM 1 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.