Penang
Seberang Perai Tengah
14
TAMAN IMPIAN MURNI

TAMAN IMPIAN MURNI

Area Intelligence

2022

Median Price

RM 280,000

PSF: RM 234

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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 234

TAMAN IMPIAN MURNI in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 234.

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 280K, with most transactions falling within a stable range of RM 315K to RM 283K, and a typical market range of RM 315K to RM 320K.

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 234, with most transactions between RM 232 and RM 236. The usual range is RM 185.00 to RM 283.00, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 2, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN IMPIAN MURNI, Seberang Perai Tengah, Penang

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