TAMAN SERI EMAS in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 199.
This area contains both residential and commercial properties. View 22 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 181K to RM 300K, and a typical market range of RM 183K to RM 300K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 199, with core pricing between RM 164 and RM 234. Market pricing typically extends from RM 160.25 to RM 237.75, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.
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.
