TAMAN ALMA JAYA FASA 4 in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 310K and a median price per square foot (PSF) of RM 238.
This area contains both residential and commercial properties. View 10 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 310K, with most transactions falling within a stable range of RM 223K to RM 397K, and a typical market range of RM 236K to RM 384K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 238, with core pricing between RM 195 and RM 281. Market pricing typically extends from RM 197.50 to RM 278.50, reflecting moderate variation in unit pricing. The spread of RM 81.00 (IQR) and deviation of RM 43 (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.
