TAMAN RASA RIA

Area Intelligence
2024
Median Price
RM 490,000
PSF: RM 305

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 167

Commercial PSF Trends

Median Price

RM 630,000

RM 443 PSF

TAMAN RASA RIA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 305.

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. The median price is RM 490K, with most transactions falling within a stable range of RM 450K to RM 530K, and a typical market range of RM 455K to RM 525K.

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

Price per square foot shows a median of RM 305, though individual units vary from RM 244 to RM 366 in the core range. The broader market spans RM 215.50 to RM 394.50, indicating diverse property characteristics. The spread of RM 179.00 (IQR) and deviation of RM 61 (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. 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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