TAMAN IMPIAN RIA in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2022, with a median price of RM 424K and a median price per square foot (PSF) of RM 290.
This area contains both residential and commercial properties. View 30 residential properties or 28 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 424K, with most transactions falling within a stable range of RM 329K to RM 519K, and a typical market range of RM 320K to RM 528K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 290, though individual units vary from RM 212 to RM 368 in the core range. The broader market spans RM 218.75 to RM 360.25, indicating diverse property characteristics. A wider spread (IQR: RM 141.50) and deviation (MAD: RM 78) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
