TAMAN TEMPUA

Area Intelligence
2023
Median Price
RM 446,000
PSF: RM 300

Residential PSF Trends

Median Price

RM 446,000

PSF: RM 300

Commercial PSF Trends

Median Price

RM 550,000

RM 460 PSF

TAMAN TEMPUA in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2023, with a median price of RM 446K and a median price per square foot (PSF) of RM 300.

This area contains both residential and commercial properties. View 12 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 446K, with most transactions falling within a stable range of RM 344K to RM 548K, and a typical market range of RM 356K to RM 536K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 300, though individual units vary from RM 216 to RM 384 in the core range. The broader market spans RM 219.50 to RM 380.50, indicating diverse property characteristics. A wider spread (IQR: RM 161.00) and deviation (MAD: RM 84) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TEMPUA, Seberang Perai Selatan, Penang

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