TAMAN MALWIRA

Area Intelligence
2023
Median Price
RM 230,000
PSF: RM 193

Residential PSF Trends

Median Price

RM 230,000

PSF: RM 193

TAMAN MALWIRA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 193.

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 230K, with most transactions falling within a stable range of RM 191K to RM 269K, and a typical market range of RM 191K to RM 269K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 193, with core pricing between RM 165 and RM 221. Market pricing typically extends from RM 171.25 to RM 214.75, reflecting moderate variation in unit pricing. With an IQR of RM 43.50 and MAD of RM 28, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MALWIRA, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

1,100 sqft
Single Storey Terraced
RM 190,000
LORONG MALWIRA 4
1,098 sqft · RM 173 PSF
1,200 sqft
Single Storey Terraced
RM 285,000
LORONG MALWIRA 2
1,195 sqft · RM 239 PSF
RM 230,000
JALAN MALWIRA
1,195 sqft · RM 193 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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