Penang
Seberang Perai Tengah
14
TAMAN IMPIAN MURNI

TAMAN IMPIAN MURNI

Area Intelligence

2023

Median Price

RM 360,000

PSF: RM 276

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 276

TAMAN IMPIAN MURNI in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 276.

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 360K, with most transactions falling within a stable range of RM 360K to RM 426K, and a typical market range of RM 360K to RM 480K.

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

The median PSF stands at RM 276, with core pricing between RM 242 and RM 310. Market pricing typically extends from RM 227.00 to RM 325.00, reflecting moderate variation in unit pricing. With an IQR of RM 98.00 and MAD of RM 34, 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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