Penang
Seberang Perai Tengah
15
TAMAN SEJAHTERA VILLA (PALMA MERA PLACE)

TAMAN SEJAHTERA VILLA (PALMA MERA PLACE)

Area Intelligence

2024

Median Price

RM 1,067,500

PSF: RM 244

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Residential PSF Trends

Median Price

RM 1,067,500

PSF: RM 244

TAMAN SEJAHTERA VILLA (PALMA MERA PLACE) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 244.

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 1.07 million, with most transactions falling within a stable range of RM 855K to RM 1.28 million, and a typical market range of RM 855K to RM 1.28 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM 244, with most transactions between RM 229 and RM 258. The usual range is RM 237.00 to RM 250.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SEJAHTERA VILLA (PALMA MERA PLACE), Seberang Perai Tengah, Penang

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