Penang
Seberang Perai Selatan
9
TAMAN SINAR (SPS)

TAMAN SINAR (SPS)

Area Intelligence

2024

Median Price

RM 350,000

PSF: RM 249

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 249

TAMAN SINAR (SPS) in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 249.

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 350K, with most transactions falling within a stable range of RM 300K to RM 400K, and a typical market range of RM 300K to RM 400K.

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

Price per square foot shows a median of RM 249, though individual units vary from RM 195 to RM 302 in the core range. The broader market spans RM 204.50 to RM 292.50, indicating diverse property characteristics. The spread of RM 88.00 (IQR) and deviation of RM 54 (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.

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TAMAN SINAR (SPS), Seberang Perai Selatan, Penang

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