TAMAN BUKIT

Area Intelligence

2023

Median Price

RM 760,000

PSF: RM 303

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Residential PSF Trends

Median Price

RM 760,000

PSF: RM 303

TAMAN BUKIT in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 760K and a median price per square foot (PSF) of RM 303.

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 760K, with most transactions falling within a stable range of RM 660K to RM 860K, and a typical market range of RM 660K to RM 860K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 303, with core pricing between RM 259 and RM 347. Market pricing typically extends from RM 247.63 to RM 358.38, reflecting moderate variation in unit pricing. With an IQR of RM 110.75 and MAD of RM 44, 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 BUKIT, Seberang Perai Tengah, Penang

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