Taman Tasek Palma

Malaysia, Pulau Pinang, Simpang Ampat, lorong tasek palma12, 114120

Property Transactions

13 subsales grouped by size

Median
RM 489,000
PSF
RM 309
Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM 445,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 281 PSF
RM 489,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 309 PSF
RM 493,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 312 PSF
RM 553,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 349 PSF
RM 557,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 352 PSF
RM 448,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 283 PSF
+7 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 489,000

RM 309 psf

Median transaction price

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Malaysia, Pulau Pinang, Simpang Ampat, lorong tasek palma12, 114120

Maps

Taman Tasek Palma in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2022, with a median price of RM 489K and a median price per square foot (PSF) of RM 309.

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 489K, with most transactions falling within a stable range of RM 458K to RM 520K, and a typical market range of RM 458K to RM 520K.

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

For price per square foot, the median is RM 309, with most transactions between RM 290 and RM 329. The usual range is RM 304.55 to RM 313.55, 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 19 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.