TAMAN DESA IMPIAN in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 173.
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 350K, with most transactions falling within a stable range of RM 341K to RM 120K, and a typical market range of RM 119K to RM 120K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
For price per square foot, the median is RM 173, with most transactions between RM 158 and RM 188. The usual range is RM 146.13 to RM 199.88, showing that most units are priced quite close to each other. With an IQR of RM 53.75 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
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.
