TAMAN MALWIRA

Area Intelligence
2024
Median Price
RM 315,000
PSF: RM 197

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 197

TAMAN MALWIRA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 197.

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 315K, with most transactions falling within a stable range of RM 280K to RM 350K, and a typical market range of RM 280K to RM 350K.

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

The median PSF stands at RM 197, with core pricing between RM 159 and RM 234. Market pricing typically extends from RM 174.75 to RM 218.25, reflecting moderate variation in unit pricing. The spread of RM 43.50 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN MALWIRA, Seberang Perai Tengah, Penang

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Transactions

2 transactions grouped by size

1,200 sqft
Single Storey Terraced
RM 280,000
LORONG MALWIRA 2
1,195 sqft · RM 234 PSF
2,200 sqft
Single Storey Terraced
RM 350,000
LORONG MALWIRA 1
2,196 sqft · RM 159 PSF

No Properties For Sale

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

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