TAMAN SERI AKASIA in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2023, with a median price of RM 435K and a median price per square foot (PSF) of RM 237.
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 435K, with most transactions falling within a stable range of RM 320K to RM 550K, and a typical market range of RM 337K to RM 533K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 237, with core pricing between RM 200 and RM 274. Market pricing typically extends from RM 192.50 to RM 280.50, reflecting moderate variation in unit pricing. The spread of RM 88.00 (IQR) and deviation of RM 37 (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.
