Taman Tasek Palma

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

Property Transactions

8 subsales grouped by size

Median
RM 493,000
PSF
RM 312
Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM 465,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 294 PSF
RM 554,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 350 PSF
RM 546,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 345 PSF
RM 493,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 312 PSF
RM 487,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 308 PSF
RM 485,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 307 PSF
RM 493,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 312 PSF
RM 493,000
Jalan Tasek Mutiara 2
1,582 sqft · RM 312 PSF
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Market Snapshot

Residential

RM 493,000

RM 312 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 8 subsale transactions in 2023, with a median price of RM 493K and a median price per square foot (PSF) of RM 312.

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 465K to RM 522K, and a typical market range of RM 465K 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 312, with most transactions between RM 293 and RM 330. The usual range is RM 307.07 to RM 316.07, 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 18 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.