TAMAN SELAMAT

Area Intelligence

2023

Median Price

RM 480,000

PSF: RM 305

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Residential PSF Trends

Median Price

RM 480,000

PSF: RM 305

TAMAN SELAMAT in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 305.

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 480K, with most transactions falling within a stable range of RM 427K to RM 500K, and a typical market range of RM 425K to RM 500K.

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

Price per square foot shows a median of RM 305, though individual units vary from RM 224 to RM 386 in the core range. The broader market spans RM 259.13 to RM 350.88, indicating diverse property characteristics. A wider spread (IQR: RM 91.75) and deviation (MAD: RM 81) 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SELAMAT, Seberang Perai Tengah, Penang

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 460,000

LORONG RUSA 7

1,101 sqft • RM 418.00 PSF

Oct 2023

RM 370,000

JALAN SELADANG

1,959 sqft • RM 189.00 PSF

Jul 2023

RM 500,000

LORONG RUSA 6

1,593 sqft • RM 314.00 PSF

Feb 2023

RM 385,000

LORONG RUSA 3

1,302 sqft • RM 296.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
LORONG RUSA 7	RM 460,000	RM 418.00	1,101 sqft	Oct 2023	Double Storey Terraced
JALAN SELADANG	RM 370,000	RM 189.00	1,959 sqft	Jul 2023	Single Storey Terraced
LORONG RUSA 6	RM 500,000	RM 314.00	1,593 sqft	Feb 2023	Double Storey Terraced
LORONG RUSA 3	RM 385,000	RM 296.00	1,302 sqft	Jan 2023	Double Storey Terraced