TAMAN GAMELAN RIA

Area Intelligence
2023
Median Price
RM 334,000
PSF: RM 256

Residential PSF Trends

Median Price

RM 334,000

PSF: RM 256

TAMAN GAMELAN RIA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 334K and a median price per square foot (PSF) of RM 256.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 256, with most transactions between RM 256 and RM 256. The usual range is RM 236.13 to RM 275.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.75 and an average deviation (MAD) of RM 0 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN GAMELAN RIA, Seberang Perai Selatan, Penang

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