Penang
Seberang Perai Selatan
5
TAMAN RASA RIA

TAMAN RASA RIA

Area Intelligence

2022

Median Price

RM 380,000

PSF: RM 346

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 346

Commercial PSF Trends

Median Price

RM 460,000

RM 329 PSF

TAMAN RASA RIA in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 346.

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 380K, with most transactions falling within a stable range of RM 340K to RM 420K, and a typical market range of RM 345K to RM 415K.

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

The median PSF stands at RM 346, with core pricing between RM 285 and RM 407. Market pricing typically extends from RM 256.50 to RM 435.50, reflecting moderate variation in unit pricing. 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN RASA RIA, Seberang Perai Selatan, Penang

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