Taman Ping Wah
South Seberang Perai District, Penang, Malaysia
South Seberang Perai District, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Besar
|
RM 333,000
|
RM 144
|
2,314 sqft
|
|
|
Jalan Besar
|
RM 870,000
|
RM 201
|
4,329 sqft
|
|
|
Jalan Nibong Tebal
|
RM 3,000,000
|
RM 312
|
9,600 sqft
|
|
|
|
Jalan Nibong Tebal
|
RM 3,500,000
|
RM 365
|
9,591 sqft
|
|
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South Seberang Perai District, Penang, Malaysia
MapsTaman Ping Wah in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 1.94 million and a median price per square foot (PSF) of RM 312.
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 1.94 million, with most transactions falling within a stable range of RM 620K to RM 3.25 million, and a typical market range of RM 740K to RM 3.13 million.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 312, with most transactions between RM 284 and RM 340. The usual range is RM 290.87 to RM 334.12, 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.