Penang
Seberang Perai Tengah
15
TAMAN SEJAHTERA INDAH (SPT)

TAMAN SEJAHTERA INDAH (SPT)

Area Intelligence

2022

Median Price

RM 730,000

PSF: RM 255

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Residential PSF Trends

Median Price

RM 730,000

PSF: RM 255

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 660K to RM 800K, and a typical market range of RM 660K to RM 800K.

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

The median PSF stands at RM 255, with core pricing between RM 226 and RM 283. Market pricing typically extends from RM 226.25 to RM 282.75, reflecting moderate variation in unit pricing. With an IQR of RM 56.50 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SEJAHTERA INDAH (SPT), Seberang Perai Tengah, Penang

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