TAMAN MARKISAH

Area Intelligence
9 subsale transactions
2023
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Median Price
RM 400,000
PSF: RM 178

Residential PSF Trends

Median Price

RM 400,000

PSF: RM 178

Commercial PSF Trends

Median Price

RM 300,000

RM 230 PSF

TAMAN MARKISAH in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 178.

This area contains both residential and commercial properties. View 17 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 288K to RM 460K, and a typical market range of RM 346K to RM 454K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 178, though individual units vary from RM 136 to RM 220 in the core range. The broader market spans RM 139.50 to RM 216.50, indicating diverse property characteristics. The spread of RM 77.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MARKISAH, Seberang Perai Tengah, Penang

OSM

Transactions

9 transactions grouped by size

550 sqft
Low-Cost Flat
RM 71,000
Level 3
527 sqft · RM 135.00 PSF
Aug 2023
1,100 sqft
Low-Cost House
RM 300,000
LORONG MARKISAH 10
1,098 sqft · RM 273.00 PSF
Jun 2023
2,250 sqft
Single Storey Semi-D
RM 400,000
LORONG MARKISAH 20
2,250 sqft · RM 178.00 PSF
Jul 2023
RM 420,000
LORONG MARKISAH 7
2,250 sqft · RM 187.00 PSF
May 2023
RM 410,000
LORONG MARKISAH 11
2,250 sqft · RM 182.00 PSF
Apr 2023
RM 399,000
LORONG MARKISA 6
2,250 sqft · RM 177.00 PSF
Mar 2023
2,450 sqft
Single Storey Terraced
RM 440,000
LORONG MARKISAH 24
2,465 sqft · RM 179.00 PSF
Jul 2023
3,150 sqft
Single Storey Semi-D
RM 460,000
LORONG MARKISA 12
3,143 sqft · RM 146.00 PSF
Nov 2023
RM 370,000
LORONG MARKISAH 4
3,132 sqft · RM 118.00 PSF
Jul 2023