TAMAN EMAS

Area Intelligence

2022

Median Price

RM 460,000

PSF: RM 297

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Residential PSF Trends

Median Price

RM 460,000

PSF: RM 297

Commercial PSF Trends

Median Price

RM 1,100,000

RM 750 PSF

TAMAN EMAS in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 460K and a median price per square foot (PSF) of RM 297.

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.

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 297, with most transactions between RM 297 and RM 297. The usual range is RM 139.14 to RM 454.40, showing that most units are priced quite close to each other. With an IQR of RM 315.25 and MAD of RM 0, 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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