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 718K to RM 862K, 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 234 and RM 321. Market pricing typically extends from RM 239.75 to RM 315.25, reflecting moderate variation in unit pricing. The spread of RM 75.50 (IQR) and deviation of RM 43 (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.