TAMAN SANTUARI (SANTUARY GARDEN)

TAMAN SANTUARI (SANTUARY GARDEN) in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2021, with a median price of RM 750K and a median price per square foot (PSF) of RM 279.

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 750K, with most transactions falling within a stable range of RM 690K to RM 829K, and a typical market range of RM 695K to RM 805K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 279, with core pricing between RM 227 and RM 331. Market pricing typically extends from RM 241.25 to RM 316.75, reflecting moderate variation in unit pricing. The spread of RM 75.50 (IQR) and deviation of RM 52 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.