TAMAN IMPIAN ALMA in Seberang Perai Tengah, Penang recorded 20 subsale transactions in 2023, with a median price of RM 324K and a median price per square foot (PSF) of RM 285.
This area contains both residential and commercial properties. View 50 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 324K, with most transactions falling within a stable range of RM 212K to RM 437K, and a typical market range of RM 215K to RM 433K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 285, with core pricing between RM 242 and RM 329. Market pricing typically extends from RM 242.13 to RM 327.88, reflecting moderate variation in unit pricing. The spread of RM 85.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.
