Penang
Seberang Perai Selatan
9
TAMAN KIT SEONG

TAMAN KIT SEONG

Area Intelligence

2023

Median Price

RM 310,000

PSF: RM 153

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 153

TAMAN KIT SEONG in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 153.

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 255K to RM 365K, and a typical market range of RM 265K to RM 355K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 153, with most transactions between RM 145 and RM 161. The usual range is RM 140.75 to RM 165.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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 KIT SEONG, Seberang Perai Selatan, Penang

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