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Penang, Seberang Perai Selatan, 5

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. The median price is RM 355K, with most transactions falling within a stable range of RM 290K to RM 420K, and a typical market range of RM 320K to RM 390K.

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

The median PSF stands at RM 184, with core pricing between RM 153 and RM 214. Market pricing typically extends from RM 94.00 to RM 273.00, reflecting moderate variation in unit pricing. The spread of RM 179.00 (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. 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

OSM

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Transactions

2 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,350 sqft
Double Storey Shop
RM 290,000
JALAN PUNGGOK
1,356 sqft · RM 214 PSF
2,750 sqft
Single Storey Semi-D
RM 420,000
JALAN PUNGGOK
2,745 sqft · RM 153 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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