TAMAN SRI PUTRA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 279.
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 500K, with most transactions falling within a stable range of RM 440K to RM 561K, and a typical market range of RM 430K to RM 570K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 279, with core pricing between RM 240 and RM 318. Market pricing typically extends from RM 240.50 to RM 317.50, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.
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.