Taman Remia
15, Jln Remia, Taman Remia, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
15, Jln Remia, Taman Remia, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 192,500
RM 189 psfMedian transaction price
15, Jln Remia, Taman Remia, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Remia in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 193K and a median price per square foot (PSF) of RM 189.
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 193K, with most transactions falling within a stable range of RM 55K to RM 330K, and a typical market range of RM 63K to RM 323K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 189, though individual units vary from RM 102 to RM 276 in the core range. The broader market spans RM 151.70 to RM 226.70, indicating diverse property characteristics. A wider spread (IQR: RM 75.00) and deviation (MAD: RM 87) 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.