TAMAN KESUMBA

Area Intelligence
2022
Median Price
RM 212,500
PSF: RM 213

Residential PSF Trends

Median Price

RM 212,500

PSF: RM 213

TAMAN KESUMBA in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 213K and a median price per square foot (PSF) of RM 213.

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 213K, with most transactions falling within a stable range of RM 185K to RM 241K, and a typical market range of RM 186K to RM 239K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 213, with core pricing between RM 183 and RM 243. Market pricing typically extends from RM 173.50 to RM 251.50, 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.

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TAMAN KESUMBA, Seberang Perai Selatan, Penang

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