TAMAN PERAI

TAMAN PERAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 485K and a median price per square foot (PSF) of RM 302.

This area contains both residential and commercial properties. View 6 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 485K, with most transactions falling within a stable range of RM 424K to RM 500K, and a typical market range of RM 419K to RM 500K.

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

The median PSF stands at RM 302, with core pricing between RM 254 and RM 350. Market pricing typically extends from RM 255.25 to RM 348.75, reflecting moderate variation in unit pricing. The spread of RM 93.50 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.