TAMAN SANTUARI (SANTUARY TERRACE)

TAMAN SANTUARI (SANTUARY TERRACE) in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2022, with a median price of RM 637K and a median price per square foot (PSF) of RM 414.

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 637K, with most transactions falling within a stable range of RM 637K to RM 701K, and a typical market range of RM 637K to RM 656K.

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

The median PSF stands at RM 414, with core pricing between RM 334 and RM 494. Market pricing typically extends from RM 309.00 to RM 519.00, reflecting moderate variation in unit pricing. The spread of RM 210.00 (IQR) and deviation of RM 80 (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.