TAMAN SERI IMPIAN in Seberang Perai Tengah, Penang recorded 21 subsale transactions in 2023, with a median price of RM 530K and a median price per square foot (PSF) of RM 296.
This area contains both residential and commercial properties. View 59 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 530K, with most transactions falling within a stable range of RM 530K to RM 549K, and a typical market range of RM 530K to RM 600K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 296, with most transactions between RM 280 and RM 312. The usual range is RM 174.13 to RM 417.88, showing that most units are priced quite close to each other. With an IQR of RM 243.75 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
