TAMAN SINTAR in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 340.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 310K, with most transactions falling within a stable range of RM 292K to RM 328K, and a typical market range of RM 293K to RM 327K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 340, with core pricing between RM 289 and RM 391. Market pricing typically extends from RM 287.63 to RM 392.38, reflecting moderate variation in unit pricing. The spread of RM 104.75 (IQR) and deviation of RM 51 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
