TAMAN DESA IMPIAN 2 (FASA 2)

TAMAN DESA IMPIAN 2 (FASA 2) in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 348.

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 750K, with most transactions falling within a stable range of RM 750K to RM 854K, and a typical market range of RM 750K to RM 863K.

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

For price per square foot, the median is RM 348, with most transactions between RM 326 and RM 370. The usual range is RM 307.75 to RM 388.25, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 22, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.