TAMAN KUARI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 498K and a median price per square foot (PSF) of RM 191.
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 498K, with most transactions falling within a stable range of RM 403K to RM 593K, and a typical market range of RM 357K to RM 639K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 191, with core pricing between RM 158 and RM 224. Market pricing typically extends from RM 153.00 to RM 228.00, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 33 (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.
