Penang
Seberang Perai Tengah
15
TAMAN HWA SENG

TAMAN HWA SENG

Area Intelligence

2022

Median Price

RM 297,500

PSF: RM 213

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 297,500

PSF: RM 213

TAMAN HWA SENG in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 298K and a median price per square foot (PSF) of RM 213.

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 298K, with most transactions falling within a stable range of RM 250K to RM 345K, and a typical market range of RM 255K to RM 340K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 213, with core pricing between RM 179 and RM 247. Market pricing typically extends from RM 149.00 to RM 277.00, reflecting moderate variation in unit pricing. The spread of RM 128.00 (IQR) and deviation of RM 34 (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.

Loading map...

TAMAN HWA SENG, Seberang Perai Tengah, Penang

OSM