TAMAN SRI PUTRA

TAMAN SRI PUTRA in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 264.

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 400K, with most transactions falling within a stable range of RM 269K to RM 460K, and a typical market range of RM 330K to RM 460K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 264, though individual units vary from RM 204 to RM 323 in the core range. The broader market spans RM 225.00 to RM 302.00, indicating diverse property characteristics. The spread of RM 77.00 (IQR) and deviation of RM 60 (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.