TAMAN SUKUN

Area Intelligence
2021
Median Price
RM 290,000
PSF: RM 207

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. The median price is RM 290K, with most transactions falling within a stable range of RM 81K to RM 499K, and a typical market range of RM 90K to RM 490K.

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

Price per square foot shows a median of RM 207, though individual units vary from RM 153 to RM 261 in the core range. The broader market spans RM 166.00 to RM 248.00, indicating diverse property characteristics. A wider spread (IQR: RM 82.00) and deviation (MAD: RM 54) indicate significant PSF variations, likely due to diverse property types or conditions.

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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