TAMAN SELAMAT

Area Intelligence
2023
Median Price
RM 460,000
PSF: RM 314

Residential PSF Trends

Median Price

RM 460,000

PSF: RM 314

TAMAN SELAMAT in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 314.

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 460K, with most transactions falling within a stable range of RM 378K to RM 542K, and a typical market range of RM 405K to RM 515K.

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 314, though individual units vary from RM 236 to RM 392 in the core range. The broader market spans RM 268.13 to RM 359.88, indicating diverse property characteristics. The spread of RM 91.75 (IQR) and deviation of RM 78 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SELAMAT, Seberang Perai Tengah, Penang

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Transactions

5 transactions grouped by size

1,100 sqft
Double Storey Terraced
RM 460,000
LORONG RUSA 7
1,101 sqft · RM 418 PSF
1,300 sqft
Double Storey Terraced
RM 385,000
LORONG RUSA 3
1,302 sqft · RM 296 PSF
1,600 sqft
Double Storey Terraced
RM 595,000
LORONG RUSA 6
1,593 sqft · RM 373 PSF
RM 500,000
LORONG RUSA 6
1,593 sqft · RM 314 PSF
1,950 sqft
Single Storey Terraced
RM 370,000
JALAN SELADANG
1,959 sqft · RM 189 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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