TAMAN SEPAKAT

Area Intelligence

2022

Median Price

RM 500,000

PSF: RM 302

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Residential PSF Trends

Median Price

RM 475,000

PSF: RM 313

TAMAN SEPAKAT in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 500K and a median price per square foot (PSF) of RM 302.

This area contains both residential and commercial properties. View 5 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 413K to RM 580K, and a typical market range of RM 448K to RM 553K.

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

The median PSF stands at RM 302, with core pricing between RM 262 and RM 342. Market pricing typically extends from RM 280.76 to RM 322.51, reflecting moderate variation in unit pricing. With an IQR of RM 41.75 and MAD of RM 40, 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. 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 SEPAKAT, Seberang Perai Tengah, Penang

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