TAMAN SRI TENANG

TAMAN SRI TENANG in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 364.

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 418K to RM 495K, and a typical market range of RM 419K to RM 481K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 364, with most transactions between RM 330 and RM 397. The usual range is RM 338.75 to RM 388.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.50 and an average deviation (MAD) of RM 34 indicate a highly stable PSF trend across properties.

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.