TAMAN SRI MAJU in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 660K and a median price per square foot (PSF) of RM 520.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 520, with most transactions between RM 520 and RM 520. The usual range is RM 419.75 to RM 620.25, showing that most units are priced quite close to each other. With an IQR of RM 200.50 and MAD of RM 0, 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. Limited transaction history suggests carefully evaluating comparable sales data.