Penang
Seberang Perai Selatan
7
TAMAN PING WAH

TAMAN PING WAH

Area Intelligence

2021

Median Price

RM 3,500,000

PSF: RM 365

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Residential PSF Trends

Median Price

RM 3,500,000

PSF: RM 365

Commercial PSF Trends

Median Price

RM 333,000

RM 309 PSF

TAMAN PING WAH in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2021, with a median price of RM 3.50 million and a median price per square foot (PSF) of RM 365.

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.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM 365, with most transactions between RM 365 and RM 365. The usual range is RM 343.38 to RM 386.63, 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 0 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PING WAH, Seberang Perai Selatan, Penang

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