TAMAN DESA IMPIAN 2 (FASA 2)

TAMAN DESA IMPIAN 2 (FASA 2) in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 863K and a median price per square foot (PSF) of RM 311.

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 863K, with most transactions falling within a stable range of RM 764K to RM 961K, and a typical market range of RM 750K to RM 976K.

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

The median PSF stands at RM 311, with core pricing between RM 253 and RM 369. Market pricing typically extends from RM 270.75 to RM 351.25, reflecting moderate variation in unit pricing. The spread of RM 80.50 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.