TAMAN SEJAHTERA (SPT)

TAMAN SEJAHTERA (SPT) in Seberang Perai Tengah, Penang recorded 23 subsale transactions in 2023, with a median price of RM 315K and a median price per square foot (PSF) of RM 282.

This area contains both residential and commercial properties. View 62 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 315K, with most transactions falling within a stable range of RM 242K to RM 388K, and a typical market range of RM 279K to RM 351K.

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

Price per square foot shows a median of RM 282, though individual units vary from RM 222 to RM 342 in the core range. The broader market spans RM 245.75 to RM 318.25, indicating diverse property characteristics. The spread of RM 72.50 (IQR) and deviation of RM 60 (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. Moderate transaction volume may require patience when buying or selling.