TAMAN KESUMBA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 248K and a median price per square foot (PSF) of RM 248.
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 248K, with most transactions falling within a stable range of RM 220K to RM 276K, and a typical market range of RM 222K to RM 275K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 248, with core pricing between RM 218 and RM 278. Market pricing typically extends from RM 209.00 to RM 287.00, reflecting moderate variation in unit pricing. With an IQR of RM 78.00 and MAD of RM 30, 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.