TAMAN REMIA

TAMAN REMIA in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2023, with a median price of RM 80K and a median price per square foot (PSF) of RM 149.

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 80K, with most transactions falling within a stable range of RM 59K to RM 101K, and a typical market range of RM 54K to RM 108K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 149, though individual units vary from RM 110 to RM 188 in the core range. The broader market spans RM 106.13 to RM 191.88, indicating diverse property characteristics. A wider spread (IQR: RM 85.75) and deviation (MAD: RM 39) 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.