TAMAN SEMPADAN

TAMAN SEMPADAN in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 207.

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 320K, with most transactions falling within a stable range of RM 255K to RM 385K, and a typical market range of RM 265K to RM 375K.

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

The median PSF stands at RM 207, with core pricing between RM 171 and RM 244. Market pricing typically extends from RM 171.75 to RM 242.25, reflecting moderate variation in unit pricing. The spread of RM 70.50 (IQR) and deviation of RM 37 (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.