TAMAN PERAI

Area Intelligence

2024

Median Price

RM 340,000

PSF: RM 219

TAMAN PERAI in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 340K and a median price per square foot (PSF) of RM 219.

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.

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

For price per square foot, the median is RM 219, with most transactions between RM 219 and RM 219. The usual range is RM 176.35 to RM 262.35, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERAI, Seberang Perai Tengah, Penang

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