TAMAN MACANG MANIS

TAMAN MACANG MANIS in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 122.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 300K to RM 354K, and a typical market range of RM 300K to RM 358K.

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

For price per square foot, the median is RM 122, with most transactions between RM 113 and RM 131. The usual range is RM 109.00 to RM 135.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 9 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.