TAMAN SELESA (SPS) in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 549K and a median price per square foot (PSF) of RM 291.
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 549K, with most transactions falling within a stable range of RM 439K to RM 659K, and a typical market range of RM 460K to RM 638K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 291, though individual units vary from RM 220 to RM 362 in the core range. The broader market spans RM 245.00 to RM 336.00, indicating diverse property characteristics. The spread of RM 91.00 (IQR) and deviation of RM 71 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
