Penang
Seberang Perai Selatan
9
TAMAN SRI PUTRA

TAMAN SRI PUTRA

Area Intelligence

2021

Median Price

RM 257,000

PSF: RM 209

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Residential PSF Trends

Median Price

RM 257,000

PSF: RM 209

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 80K to RM 434K, 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.

Price per square foot shows a median of RM 209, though individual units vary from RM 114 to RM 303 in the core range. The broader market spans RM 170.00 to RM 247.00, indicating diverse property characteristics. A wider spread (IQR: RM 77.00) and deviation (MAD: RM 95) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN SRI PUTRA, Seberang Perai Selatan, Penang

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