TAMAN PERAI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 375K and a median price per square foot (PSF) of RM 228.
This area contains both residential and commercial properties. View 7 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 280K to RM 470K, and a typical market range of RM 305K to RM 445K.
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 228, though individual units vary from RM 177 to RM 279 in the core range. The broader market spans RM 185.00 to RM 271.00, indicating diverse property characteristics. The spread of RM 86.00 (IQR) and deviation of RM 51 (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.
