Taman Sukun
Lorong Sukun 14, Taman Sukun, 14000 Simpang Ampat, Pulau Pinang, Malaysia
Lorong Sukun 14, Taman Sukun, 14000 Simpang Ampat, Pulau Pinang, Malaysia
Property Type
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Market Snapshot
ResidentialRM 326,500
RM 135 psfMedian transaction price
Lorong Sukun 14, Taman Sukun, 14000 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Sukun in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 327K and a median price per square foot (PSF) of RM 135.
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 327K, with most transactions falling within a stable range of RM 223K to RM 430K, and a typical market range of RM 223K to RM 430K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 135, with core pricing between RM 110 and RM 161. Market pricing typically extends from RM 94.17 to RM 176.17, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.
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.