TAMAN MACANG MANIS in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 335K and a median price per square foot (PSF) of RM 124.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 335K, with most transactions falling within a stable range of RM 320K to RM 350K, and a typical market range of RM 298K to RM 373K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 124, with core pricing between RM 108 and RM 140. Market pricing typically extends from RM 111.00 to RM 137.00, reflecting moderate variation in unit pricing. With an IQR of RM 26.00 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
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.