TAMAN SELAMAT in Seberang Perai Tengah, Penang recorded 25 subsale transactions between 2021 and 2025, with a median price of RM 390K and a median price per square foot (PSF) of RM 357.
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 390K, with most transactions falling within a stable range of RM 345K to RM 435K, and a typical market range of RM 335K to RM 445K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 357, with core pricing between RM 309 and RM 406. Market pricing typically extends from RM 311.13 to RM 402.88, reflecting moderate variation in unit pricing. With an IQR of RM 91.75 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.
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.