Penang
Seberang Perai Tengah
15
TAMAN ALMA JAYA FASA 4

TAMAN ALMA JAYA FASA 4

Area Intelligence

2021

Median Price

RM 310,000

PSF: RM 238

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 238

Commercial PSF Trends

Median Price

RM 400,000

RM 301 PSF

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 296K to RM 398K, and a typical market range of RM 296K to RM 384K.

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

For price per square foot, the median is RM 238, with most transactions between RM 228 and RM 248. The usual range is RM 197.50 to RM 278.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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 ALMA JAYA FASA 4, Seberang Perai Tengah, Penang

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