TAMAN FAJAR

Area Intelligence

2021

Median Price

RM 266,000

PSF: RM 134

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Residential PSF Trends

Median Price

RM 213,000

PSF: RM 134

Commercial PSF Trends

Median Price

RM 350,000

RM 290 PSF

TAMAN FAJAR in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 266K and a median price per square foot (PSF) of RM 134.

This area contains both residential and commercial properties. View 2 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 266K, with most transactions falling within a stable range of RM 188K to RM 344K, and a typical market range of RM 215K to RM 318K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 134, though individual units vary from RM 60 to RM 208 in the core range. The broader market spans RM 56.13 to RM 211.88, indicating diverse property characteristics. A wider spread (IQR: RM 155.75) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN FAJAR, Seberang Perai Selatan, Penang

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