TAMAN JAMBU MAWAR in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, with a median price of RM 545K and a median price per square foot (PSF) of RM 318.
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 545K, with most transactions falling within a stable range of RM 530K to RM 607K, and a typical market range of RM 530K to RM 596K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 318, though individual units vary from RM 229 to RM 407 in the core range. The broader market spans RM 297.75 to RM 337.25, indicating diverse property characteristics. A wider spread (IQR: RM 39.50) and deviation (MAD: RM 89) 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. 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.