TAMAN INDUSTRI CHERUK TOK KUN

TAMAN INDUSTRI CHERUK TOK KUN in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 312K and a median price per square foot (PSF) of RM 285.

This area contains both residential and commercial properties. View 11 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 312K, with most transactions falling within a stable range of RM 268K to RM 356K, and a typical market range of RM 257K to RM 367K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 285, with core pricing between RM 233 and RM 336. Market pricing typically extends from RM 237.50 to RM 331.50, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 52 (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.