TAMAN BUKIT in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2022, with a median price of RM 565K and a median price per square foot (PSF) of RM 325.
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 565K, with most transactions falling within a stable range of RM 458K to RM 673K, and a typical market range of RM 435K to RM 695K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 325, with core pricing between RM 270 and RM 381. Market pricing typically extends from RM 269.63 to RM 380.38, reflecting moderate variation in unit pricing. The spread of RM 110.75 (IQR) and deviation of RM 56 (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.
