TAMAN MINAMAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 348K and a median price per square foot (PSF) of RM 116.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 116, with core pricing between RM 95 and RM 137. Market pricing typically extends from RM 104.50 to RM 126.50, reflecting moderate variation in unit pricing. The spread of RM 22.00 (IQR) and deviation of RM 21 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.