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 380K to RM 524K, and a typical market range of RM 380K to RM 432K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 292, with most transactions between RM 281 and RM 303. The usual range is RM 214.13 to RM 369.88, showing that most units are priced quite close to each other. With an IQR of RM 155.75 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.
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.
