Penang
Seberang Perai Tengah
15
TAMAN SEJAHTERA JAYA

TAMAN SEJAHTERA JAYA

Area Intelligence

2022

Median Price

RM 95,000

PSF: RM 155

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Residential PSF Trends

Median Price

RM 95,000

PSF: RM 155

TAMAN SEJAHTERA JAYA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, priced up to RM 300K and up to 1,000 sqft, with a median price of RM 95K and a median price per square foot (PSF) of RM 155.

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 95K, with most transactions falling within a stable range of RM 85K to RM 110K, and a typical market range of RM 85K to RM 120K.

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

The median PSF stands at RM 155, with core pricing between RM 131 and RM 179. Market pricing typically extends from RM 95.34 to RM 214.34, reflecting moderate variation in unit pricing. The spread of RM 119.00 (IQR) and deviation of RM 24 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN SEJAHTERA JAYA, Seberang Perai Tengah, Penang

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