TAMAN PERAI

Area Intelligence

2022

Median Price

RM 375,000

PSF: RM 228

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Residential PSF Trends

Median Price

RM 375,000

PSF: RM 228

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 360K to RM 390K, and a typical market range of RM 360K to RM 390K.

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 228, with most transactions between RM 222 and RM 234. The usual range is RM 185.00 to RM 271.00, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 6, 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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