Penang
Seberang Perai Selatan
5
TAMAN RASA RIA

TAMAN RASA RIA

Area Intelligence

2023

Median Price

RM 355,000

PSF: RM 184

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Residential PSF Trends

Median Price

RM 420,000

PSF: RM 153

Commercial PSF Trends

Median Price

RM 290,000

RM 214 PSF

TAMAN RASA RIA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 355K and a median price per square foot (PSF) of RM 184.

This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 184, with most transactions between RM 184 and RM 184. The usual range is RM 94.00 to RM 273.00, showing that most units are priced quite close to each other. With an IQR of RM 179.00 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN RASA RIA, Seberang Perai Selatan, Penang

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