TAMAN KEBUN SIREH

Area Intelligence
2 subsale transactions
2023
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Median Price
RM 70,500
PSF: RM 129

Residential PSF Trends

Median Price

RM 70,500

PSF: RM 129

TAMAN KEBUN SIREH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 71K and a median price per square foot (PSF) of RM 129.

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 71K, with most transactions falling within a stable range of RM 65K to RM 76K, and a typical market range of RM 65K to RM 76K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 129, with most transactions between RM 119 and RM 139. The usual range is RM 109.50 to RM 148.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN KEBUN SIREH, Seberang Perai Tengah, Penang

OSM

Transactions

2 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
550 sqft
Low-Cost Flat
RM 76,000
Level 3
545 sqft · RM 139.00 PSF
Jul 2023
RM 65,000
Level 2
545 sqft · RM 119.00 PSF
Feb 2023