TAMAN BIDARA

Area Intelligence

2024

Median Price

RM 280,000

PSF: RM 255

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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 255

TAMAN BIDARA in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 255.

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 280K, with most transactions falling within a stable range of RM 320K to RM 364K, and a typical market range of RM 320K to RM 364K.

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

Price per square foot shows a median of RM 255, though individual units vary from RM 150 to RM 360 in the core range. The broader market spans RM 196.63 to RM 313.38, indicating diverse property characteristics. A wider spread (IQR: RM 116.75) and deviation (MAD: RM 105) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN BIDARA, Seberang Perai Tengah, Penang

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