TAMAN SUKUN

Area Intelligence

2021

Median Price

RM 290,000

PSF: RM 207

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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 207

Commercial PSF Trends

Median Price

RM 785,000

RM 262 PSF

TAMAN SUKUN in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 290K and a median price per square foot (PSF) of RM 207.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 207, with most transactions between RM 207 and RM 207. The usual range is RM 166.00 to RM 248.00, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUKUN, Seberang Perai Tengah, Penang

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