Penang
Seberang Perai Tengah
15
TAMAN SELESA (SPT)

TAMAN SELESA (SPT)

Area Intelligence

2022

Median Price

RM 450,000

PSF: RM 377

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 377

TAMAN SELESA (SPT) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 377.

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 450K, with most transactions falling within a stable range of RM 390K to RM 510K, and a typical market range of RM 399K to RM 501K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 377, with core pricing between RM 326 and RM 428. Market pricing typically extends from RM 349.25 to RM 404.75, reflecting moderate variation in unit pricing. With an IQR of RM 55.50 and MAD of RM 51, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SELESA (SPT), Seberang Perai Tengah, Penang

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