Penang
Seberang Perai Tengah
15
TAMAN HWA SENG

TAMAN HWA SENG

Area Intelligence

2022

Median Price

RM 345,000

PSF: RM 179

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 345,000

PSF: RM 179

TAMAN HWA SENG in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 345K and a median price per square foot (PSF) of RM 179.

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 345K, with most transactions falling within a stable range of RM 283K to RM 400K, and a typical market range of RM 303K to RM 388K.

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

Price per square foot shows a median of RM 179, though individual units vary from RM 134 to RM 224 in the core range. The broader market spans RM 115.00 to RM 243.00, indicating diverse property characteristics. A wider spread (IQR: RM 128.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.

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