Penang
Seberang Perai Tengah
11
TAMAN BELIMBING

TAMAN BELIMBING

Area Intelligence

2023

Median Price

RM 633,000

PSF: RM 452

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Residential PSF Trends

Median Price

RM 633,000

PSF: RM 452

TAMAN BELIMBING in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 633K and a median price per square foot (PSF) of RM 452.

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 633K, with most transactions falling within a stable range of RM 453K to RM 678K, and a typical market range of RM 520K to RM 678K.

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

Price per square foot shows a median of RM 452, though individual units vary from RM 326 to RM 578 in the core range. The broader market spans RM 366.00 to RM 538.00, indicating diverse property characteristics. A wider spread (IQR: RM 172.00) and deviation (MAD: RM 126) indicate significant PSF variations, likely due to diverse property types or conditions.

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 BELIMBING, Seberang Perai Tengah, Penang

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