TAMAN SEMARAK

TAMAN SEMARAK in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 382K and a median price per square foot (PSF) of RM 318.

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 382K, with most transactions falling within a stable range of RM 363K to RM 400K, and a typical market range of RM 367K to RM 397K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 318, with most transactions between RM 312 and RM 324. The usual range is RM 290.50 to RM 345.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 6, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.