TAMAN SUKUN in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 216.
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 680K, with most transactions falling within a stable range of RM 471K to RM 889K, and a typical market range of RM 480K to RM 880K.
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 216, though individual units vary from RM 162 to RM 270 in the core range. The broader market spans RM 174.98 to RM 256.98, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
