TAMAN SERI EMAS

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 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 250K, with most transactions falling within a stable range of RM 112K to RM 388K, and a typical market range of RM 190K to RM 310K.

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

Price per square foot shows a median of RM 199, though individual units vary from RM 149 to RM 249 in the core range. The broader market spans RM 162.50 to RM 235.50, indicating diverse property characteristics. The spread of RM 73.00 (IQR) and deviation of RM 50 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.