Penang
Seberang Perai Tengah
14
TAMAN IMPIAN MURNI

TAMAN IMPIAN MURNI

Area Intelligence

2022

Median Price

RM 77,500

PSF: RM 124

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Residential PSF Trends

Median Price

RM 77,500

PSF: RM 124

TAMAN IMPIAN MURNI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 78K and a median price per square foot (PSF) of RM 124.

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 78K, with most transactions falling within a stable range of RM 70K to RM 85K, and a typical market range of RM 70K to RM 85K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 124, with most transactions between RM 112 and RM 136. The usual range is RM 75.00 to RM 173.00, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 12, 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.

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TAMAN IMPIAN MURNI, Seberang Perai Tengah, Penang

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