TAMAN IMPIAN ALMA in Seberang Perai Tengah, Penang recorded 20 subsale transactions in 2022, with a median price of RM 455K and a median price per square foot (PSF) of RM 272.
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 455K, with most transactions falling within a stable range of RM 343K to RM 568K, and a typical market range of RM 346K to RM 564K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 272, with core pricing between RM 228 and RM 315. Market pricing typically extends from RM 228.63 to RM 314.38, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
