Taman Sri Tenang
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Tenang 7
|
RM 410,000
|
RM 320
|
1,281 sqft
|
|
|
Lorong Tenang 7
|
RM 450,000
|
RM 271
|
1,658 sqft
|
|
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Market Snapshot
ResidentialRM 430,000
RM 296 psfMedian transaction price
Taman Sri Tenang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Sri Tenang in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 430K and a median price per square foot (PSF) of RM 296.
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 430K, with most transactions falling within a stable range of RM 410K to RM 450K, and a typical market range of RM 410K to RM 450K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 296, with most transactions between RM 271 and RM 320. The usual range is RM 271.03 to RM 320.53, 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 24 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.