TAMAN BELATUK in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 234.
This area contains both residential and commercial properties. View 6 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 268K to RM 370K, and a typical market range of RM 278K to RM 362K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 234, with core pricing between RM 196 and RM 272. Market pricing typically extends from RM 186.25 to RM 281.75, reflecting moderate variation in unit pricing. The spread of RM 95.50 (IQR) and deviation of RM 38 (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.
