TAMAN RANTAU DAMAI

TAMAN RANTAU DAMAI in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 217.

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 335K, with most transactions falling within a stable range of RM 295K to RM 375K, and a typical market range of RM 301K to RM 368K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 217, with core pricing between RM 191 and RM 242. Market pricing typically extends from RM 189.25 to RM 243.75, reflecting moderate variation in unit pricing. With an IQR of RM 54.50 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

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.