Penang
Seberang Perai Selatan
9
TAMAN RANTAU DAMAI

TAMAN RANTAU DAMAI

Area Intelligence

2024

Median Price

RM 339,000

PSF: RM 149

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Residential PSF Trends

Median Price

RM 339,000

PSF: RM 149

TAMAN RANTAU DAMAI in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 339K and a median price per square foot (PSF) of RM 149.

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 339K, with most transactions falling within a stable range of RM 273K to RM 405K, and a typical market range of RM 306K to RM 372K.

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

The median PSF stands at RM 149, with core pricing between RM 119 and RM 179. Market pricing typically extends from RM 121.75 to RM 176.25, reflecting moderate variation in unit pricing. The spread of RM 54.50 (IQR) and deviation of RM 30 (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.

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TAMAN RANTAU DAMAI, Seberang Perai Selatan, Penang

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