TAMAN KESUMBA

Area Intelligence

2023

Median Price

RM 185,000

PSF: RM 140

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Residential PSF Trends

Median Price

RM 185,000

PSF: RM 140

TAMAN KESUMBA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 140.

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 185K, with most transactions falling within a stable range of RM 170K to RM 200K, and a typical market range of RM 170K to RM 200K.

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

Price per square foot shows a median of RM 140, though individual units vary from RM 109 to RM 170 in the core range. The broader market spans RM 100.50 to RM 178.50, indicating diverse property characteristics. The spread of RM 78.00 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.

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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