TAMAN RANTAU DAMAI

TAMAN RANTAU DAMAI in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 143.

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 300K, with most transactions falling within a stable range of RM 240K to RM 360K, and a typical market range of RM 267K to RM 333K.

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 143, though individual units vary from RM 113 to RM 172 in the core range. The broader market spans RM 115.25 to RM 169.75, indicating diverse property characteristics. 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.