TAMAN GUAR PERAHU (TAMAN BERKAT)

TAMAN GUAR PERAHU (TAMAN BERKAT) in Seberang Perai Tengah, Penang recorded 22 subsale transactions in 2022, with a median price of RM 228K and a median price per square foot (PSF) of RM 196.

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 228K, with most transactions falling within a stable range of RM 167K to RM 288K, and a typical market range of RM 188K to RM 268K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 196, with core pricing between RM 159 and RM 232. Market pricing typically extends from RM 159.00 to RM 232.00, reflecting moderate variation in unit pricing. The spread of RM 73.00 (IQR) and deviation of RM 36 (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. Moderate transaction volume may require patience when buying or selling.