TAMAN FAJAR

Area Intelligence
2022
Median Price
RM 380,000
PSF: RM 292

Residential PSF Trends

Median Price

RM 286,500

PSF: RM 140

Commercial PSF Trends

Median Price

RM 440,000

RM 314 PSF

TAMAN FAJAR in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 292.

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 380K, with most transactions falling within a stable range of RM 338K to RM 422K, and a typical market range of RM 329K to RM 432K.

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

The median PSF stands at RM 292, with core pricing between RM 248 and RM 336. Market pricing typically extends from RM 214.13 to RM 369.88, reflecting moderate variation in unit pricing. The spread of RM 155.75 (IQR) and deviation of RM 44 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN FAJAR, Seberang Perai Selatan, Penang

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