TAMAN JAMBU MAWAR in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 343.
This area contains both residential and commercial properties. View 13 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 480K, with most transactions falling within a stable range of RM 461K to RM 480K, and a typical market range of RM 440K to RM 480K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 343, with most transactions between RM 324 and RM 362. The usual range is RM 323.25 to RM 362.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.50 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
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.
