Penang
Seberang Perai Tengah
14
TAMAN IMPIAN MURNI

TAMAN IMPIAN MURNI

Area Intelligence

2024

Median Price

RM 121,000

PSF: RM 194

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Residential PSF Trends

Median Price

RM 121,000

PSF: RM 194

TAMAN IMPIAN MURNI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 121K and a median price per square foot (PSF) of RM 194.

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 121K, with most transactions falling within a stable range of RM 102K to RM 140K, and a typical market range of RM 102K to RM 140K.

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

The median PSF stands at RM 194, with core pricing between RM 163 and RM 224. Market pricing typically extends from RM 144.50 to RM 242.50, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 31 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN IMPIAN MURNI, Seberang Perai Tengah, Penang

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