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 480,000
|
RM 375
|
1,281 sqft
|
|
|
|
Lorong Tenang 5
|
RM 420,000
|
RM 328
|
1,281 sqft
|
|
|
|
Jalan Sepakat
|
RM 525,000
|
RM 410
|
1,281 sqft
|
|
|
Lorong Tenang 5
|
RM 418,000
|
RM 246
|
1,701 sqft
|
|
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Market Snapshot
ResidentialRM 450,000
RM 351 psfMedian transaction price
Taman Sri Tenang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 351.
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.
The median PSF stands at RM 351, with core pricing between RM 290 and RM 413. Market pricing typically extends from RM 326.56 to RM 376.06, reflecting moderate variation in unit pricing. The spread of RM 49.50 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.
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.