TAMAN BKT KECIL in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 478K and a median price per square foot (PSF) of RM 359.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 478K, with most transactions falling within a stable range of RM 353K to RM 603K, and a typical market range of RM 330K to RM 625K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 359, with core pricing between RM 304 and RM 414. Market pricing typically extends from RM 314.25 to RM 403.75, reflecting moderate variation in unit pricing. The spread of RM 89.50 (IQR) and deviation of RM 55 (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.
