TAMAN SEJAHTERA INDAH (SPT)

TAMAN SEJAHTERA INDAH (SPT) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 730K and a median price per square foot (PSF) of RM 255.

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 730K, with most transactions falling within a stable range of RM 590K to RM 870K, and a typical market range of RM 650K to RM 810K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

Price per square foot shows a median of RM 255, though individual units vary from RM 199 to RM 311 in the core range. The broader market spans RM 226.25 to RM 282.75, indicating diverse property characteristics. The spread of RM 56.50 (IQR) and deviation of RM 56 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.