TAMAN PINGGIRAN ALMA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 335K and a median price per square foot (PSF) of RM 236.
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 335K, with most transactions falling within a stable range of RM 330K to RM 375K, and a typical market range of RM 330K to RM 420K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 236, though individual units vary from RM 179 to RM 292 in the core range. The broader market spans RM 189.50 to RM 281.50, indicating diverse property characteristics. The spread of RM 92.00 (IQR) and deviation of RM 57 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
