Penang
Seberang Perai Tengah
15
TAMAN SEJAHTERA (SPT)

TAMAN SEJAHTERA (SPT)

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 146

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Residential PSF Trends

Median Price

RM 370,000

PSF: RM 146

Commercial PSF Trends

Median Price

RM 172,000

RM 208 PSF

TAMAN SEJAHTERA (SPT) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 146.

This area contains both residential and commercial properties. View 64 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 370K, with most transactions falling within a stable range of RM 300K to RM 440K, and a typical market range of RM 335K to RM 405K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 146, though individual units vary from RM 85 to RM 207 in the core range. The broader market spans RM 109.50 to RM 182.50, indicating diverse property characteristics. A wider spread (IQR: RM 73.00) and deviation (MAD: RM 61) indicate significant PSF variations, likely due to diverse property types or conditions.

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 (SPT), Seberang Perai Tengah, Penang

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