TAMAN PERWIRA

Area Intelligence

2023

Median Price

RM 307,500

PSF: RM 254

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Residential PSF Trends

Median Price

RM 304,500

PSF: RM 254

Commercial PSF Trends

Median Price

RM 315,000

RM 255 PSF

TAMAN PERWIRA in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2023, with a median price of RM 308K and a median price per square foot (PSF) of RM 254.

This area contains both residential and commercial properties. View 37 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 308K, with most transactions falling within a stable range of RM 247K to RM 368K, and a typical market range of RM 263K to RM 353K.

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

Price per square foot shows a median of RM 254, though individual units vary from RM 179 to RM 328 in the core range. The broader market spans RM 198.50 to RM 308.50, indicating diverse property characteristics. A wider spread (IQR: RM 110.00) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

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 PERWIRA, Seberang Perai Tengah, Penang

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