TAMAN JAMBU in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 233K and a median price per square foot (PSF) of RM 197.
This area contains both residential and commercial properties. View 22 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 233K, with most transactions falling within a stable range of RM 178K to RM 288K, and a typical market range of RM 179K to RM 286K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 197, with core pricing between RM 161 and RM 234. Market pricing typically extends from RM 160.38 to RM 233.63, reflecting moderate variation in unit pricing. The spread of RM 73.25 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.
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.
