TAMAN BUKIT

Area Intelligence

2022

Median Price

RM 425,000

PSF: RM 281

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Residential PSF Trends

Median Price

RM 425,000

PSF: RM 281

TAMAN BUKIT in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 281.

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 425K, with most transactions falling within a stable range of RM 405K to RM 445K, and a typical market range of RM 405K to RM 445K.

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

For price per square foot, the median is RM 281, with most transactions between RM 268 and RM 294. The usual range is RM 225.63 to RM 336.38, showing that most units are priced quite close to each other. With an IQR of RM 110.75 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN BUKIT, Seberang Perai Tengah, Penang

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