TAMAN TEMPUA

Area Intelligence

2023

Median Price

RM 412,000

PSF: RM 345

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Residential PSF Trends

Median Price

RM 412,000

PSF: RM 345

Commercial PSF Trends

Median Price

RM 550,000

RM 460 PSF

TAMAN TEMPUA in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 412K and a median price per square foot (PSF) of RM 345.

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 412K, with most transactions falling within a stable range of RM 300K to RM 520K, and a typical market range of RM 322K to RM 502K.

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 345, though individual units vary from RM 260 to RM 430 in the core range. The broader market spans RM 264.50 to RM 425.50, indicating diverse property characteristics. The spread of RM 161.00 (IQR) and deviation of RM 85 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

1,000 sqft

Low-Cost House

1,000 sqft

Low-Cost House

RM 255,000

LORONG TEMPUA 11

1,001 sqft · RM 255 PSF

Apr 2023

LORONG TEMPUA 11

RM 255,000

RM 255

1,001 sqft

Apr 2023

1,200 sqft

RM 490,000

LORONG TEMPUA 5

1,195 sqft · RM 410 PSF

Dec 2023

RM 520,000

LORONG TEMPUA 5

1,195 sqft · RM 435 PSF

Oct 2023

RM 412,000

LORONG TEMPUA 5

1,195 sqft · RM 345 PSF

Jun 2023

RM 258,000

LORONG TEMPUA 7

1,195 sqft · RM 216 PSF

Jan 2023

LORONG TEMPUA 5	RM 490,000	RM 410	1,195 sqft	Dec 2023	Double Storey Terraced
LORONG TEMPUA 5	RM 520,000	RM 435	1,195 sqft	Oct 2023	Double Storey Terraced
LORONG TEMPUA 5	RM 412,000	RM 345	1,195 sqft	Jun 2023	Double Storey Terraced
LORONG TEMPUA 7	RM 258,000	RM 216	1,195 sqft	Jan 2023	Single Storey Terraced