TAMAN FAJAR

Area Intelligence

2023

Median Price

RM 300,000

PSF: RM 228

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 147

Commercial PSF Trends

Median Price

RM 288,000

RM 304 PSF

TAMAN FAJAR in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 228.

This area contains both residential and commercial properties. View 2 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 228K to RM 300K, and a typical market range of RM 249K to RM 300K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 228, though individual units vary from RM 162 to RM 294 in the core range. The broader market spans RM 150.13 to RM 305.88, indicating diverse property characteristics. A wider spread (IQR: RM 155.75) and deviation (MAD: RM 66) indicate significant PSF variations, likely due to diverse property types or conditions.

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 FAJAR, Seberang Perai Selatan, Penang

OSM

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 124,000

PERMATANG KLING

409 sqft • RM 303.00 PSF

Nov 2023

RM 300,000

LORONG FAJAR 1

2,099 sqft • RM 143.00 PSF

Sep 2023

RM 295,000

LORONG FAJAR 2

2,013 sqft • RM 147.00 PSF

Aug 2023

RM 275,000

LORONG FAJAR 1

1,206 sqft • RM 228.00 PSF

May 2023

Road	Price	Land PSF	Land	Date	Type
PERMATANG KLING	RM 124,000	RM 303.00	409 sqft	Nov 2023	3-Storey Shop
LORONG FAJAR 1	RM 300,000	RM 143.00	2,099 sqft	Sep 2023	Single Storey Semi-D
LORONG FAJAR 2	RM 295,000	RM 147.00	2,013 sqft	Aug 2023	Single Storey Semi-D
LORONG FAJAR 1	RM 275,000	RM 228.00	1,206 sqft	May 2023	Double Storey Shop