TAMAN SRI PUTRA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 257K and a median price per square foot (PSF) of RM 209.
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 257K, with most transactions falling within a stable range of RM 197K to RM 318K, and a typical market range of RM 187K to RM 327K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 209, with core pricing between RM 170 and RM 248. Market pricing typically extends from RM 170.00 to RM 247.00, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 39 (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.
