TAMAN SANTUARI (SANTUARY GARDEN)

TAMAN SANTUARI (SANTUARY GARDEN) in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2022, with a median price of RM 790K and a median price per square foot (PSF) of RM 278.

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 790K, with most transactions falling within a stable range of RM 729K to RM 851K, and a typical market range of RM 735K to RM 845K.

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

The median PSF stands at RM 278, with core pricing between RM 242 and RM 313. Market pricing typically extends from RM 240.25 to RM 314.75, reflecting moderate variation in unit pricing. With an IQR of RM 74.50 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

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.