TAMAN JAMBU

Area Intelligence

2023

Median Price

RM 190,000

PSF: RM 198

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Residential PSF Trends

Median Price

RM 190,000

PSF: RM 198

Commercial PSF Trends

Median Price

RM 200,000

RM 154 PSF

TAMAN JAMBU in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 198.

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 190K, with most transactions falling within a stable range of RM 180K to RM 214K, and a typical market range of RM 180K to RM 235K.

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

The median PSF stands at RM 198, with core pricing between RM 173 and RM 223. Market pricing typically extends from RM 161.38 to RM 234.63, reflecting moderate variation in unit pricing. With an IQR of RM 73.25 and MAD of RM 25, 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.

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TAMAN JAMBU, Seberang Perai Tengah, Penang

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