TAMAN KUANG in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 269.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 380K, with most transactions falling within a stable range of RM 350K to RM 410K, and a typical market range of RM 319K to RM 441K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 269, with most transactions between RM 266 and RM 272. The usual range is RM 262.50 to RM 275.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 and an average deviation (MAD) of RM 3 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.
