TAMAN JELITA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 374K and a median price per square foot (PSF) of RM 173.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 374K, with most transactions falling within a stable range of RM 366K to RM 382K, and a typical market range of RM 329K to RM 419K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 173, with core pricing between RM 154 and RM 192. Market pricing typically extends from RM 147.00 to RM 198.00, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
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.