TAMAN SEJAHTERA JAYA

TAMAN SEJAHTERA JAYA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, priced up to RM 500K, with a median price of RM 400K and a median price per square foot (PSF) of RM 215.

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 400K, with most transactions falling within a stable range of RM 243K to RM 473K, and a typical market range of RM 270K to RM 473K.

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

Price per square foot shows a median of RM 215, though individual units vary from RM 149 to RM 282 in the core range. The broader market spans RM 155.91 to RM 274.91, indicating diverse property characteristics. A wider spread (IQR: RM 119.00) and deviation (MAD: RM 66) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.