TAMAN SUTERA II
Residential Market
Median Price
RM 600,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 520,000
PSF Trends (2021-2025)
TAMAN SUTERA II in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 377.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 505K to RM 680K, and a typical market range of RM 541K to RM 659K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 377, with core pricing between RM 313 and RM 441. Market pricing typically extends from RM 335.63 to RM 418.38, reflecting moderate variation in unit pricing. The spread of RM 82.75 (IQR) and deviation of RM 64 (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.
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Transactions
3 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
LORONG SUTERA 6
|
RM 600,000
|
RM 429.00
|
1,399 sqft
|
Dec 2023
|
Double Storey Terraced |
LORONG SUTERA 3
|
RM 680,000
|
RM 276.00
|
2,465 sqft
|
Oct 2023
|
Double Storey Terraced |
LORONG SUTERA 3
|
RM 450,000
|
RM 377.00
|
1,195 sqft
|
Apr 2023
|