TAMAN EMAS

Area Intelligence

2022

Median Price

RM 755,000

PSF: RM 283

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Residential PSF Trends

Median Price

RM 460,000

PSF: RM 297

Commercial PSF Trends

Median Price

RM 1,050,000

RM 269 PSF

TAMAN EMAS in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 755K and a median price per square foot (PSF) of RM 283.

This area contains both residential and commercial properties. View 1 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 755K, with most transactions falling within a stable range of RM 460K to RM 1.05 million, and a typical market range of RM 638K to RM 873K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 283, with most transactions between RM 269 and RM 297. The usual range is RM 125.13 to RM 440.38, showing that most units are priced quite close to each other. With an IQR of RM 315.25 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN EMAS, Seberang Perai Tengah, Penang

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