TAMAN PING WAH in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 333K and a median price per square foot (PSF) of RM 309.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 333K, with most transactions falling within a stable range of RM -982,000 to RM 1.65 million, and a typical market range of RM -861,625 to RM 1.53 million.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 309, with most transactions between RM 281 and RM 337. The usual range is RM 287.38 to RM 330.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.25 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
