TAMAN BIDARA

TAMAN BIDARA in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2021, with a median price of RM 339K and a median price per square foot (PSF) of RM 265.

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 339K, with most transactions falling within a stable range of RM 258K to RM 420K, and a typical market range of RM 255K to RM 423K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 265, with core pricing between RM 226 and RM 303. Market pricing typically extends from RM 206.13 to RM 322.88, reflecting moderate variation in unit pricing. With an IQR of RM 116.75 and MAD of RM 39, 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.