Penang
Seberang Perai Selatan
9
TAMAN SEMPADAN

TAMAN SEMPADAN

Area Intelligence

2022

Median Price

RM 425,000

PSF: RM 154

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Residential PSF Trends

Median Price

RM 425,000

PSF: RM 154

TAMAN SEMPADAN in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 154.

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 425K, with most transactions falling within a stable range of RM 300K to RM 550K, and a typical market range of RM 370K to RM 480K.

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

The median PSF stands at RM 154, with core pricing between RM 125 and RM 183. Market pricing typically extends from RM 118.75 to RM 189.25, reflecting moderate variation in unit pricing. The spread of RM 70.50 (IQR) and deviation of RM 29 (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 SEMPADAN, Seberang Perai Selatan, Penang

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