TAMAN SUKUN

Area Intelligence

2024

Median Price

RM 669,500

PSF: RM 219

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Residential PSF Trends

Median Price

RM 499,000

PSF: RM 157

Commercial PSF Trends

Median Price

RM 840,000

RM 280 PSF

TAMAN SUKUN in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 670K and a median price per square foot (PSF) of RM 219.

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 219, with most transactions between RM 219 and RM 219. The usual range is RM 177.50 to RM 259.50, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUKUN, Seberang Perai Tengah, Penang

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