TAMAN SANTUARI (SANTUARY TERRACE)

TAMAN SANTUARI (SANTUARY TERRACE) in Seberang Perai Tengah, Penang recorded 18 subsale transactions in 2023, with a median price of RM 768K and a median price per square foot (PSF) of RM 487.

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 768K, with most transactions falling within a stable range of RM 739K to RM 797K, and a typical market range of RM 750K to RM 787K.

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

For price per square foot, the median is RM 487, with most transactions between RM 450 and RM 524. The usual range is RM 382.00 to RM 592.00, showing that most units are priced quite close to each other. With an IQR of RM 210.00 and MAD of RM 37, 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.