TAMAN ALMA JAYA FASA 1

TAMAN ALMA JAYA FASA 1 in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 250.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 260K, with most transactions falling within a stable range of RM 250K to RM 296K, and a typical market range of RM 250K to RM 278K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 250, with core pricing between RM 222 and RM 278. Market pricing typically extends from RM 229.75 to RM 270.25, reflecting moderate variation in unit pricing. With an IQR of RM 40.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.