Taman Penanti

Taman Penanti in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 465K and a median price per square foot (PSF) of RM 287.

This area contains both residential and commercial properties. View 10 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 465K, with most transactions falling within a stable range of RM 180K to RM 750K, and a typical market range of RM 439K to RM 491K.

Most transactions involved cluster house, though some variety exists in the market.

The median PSF stands at RM 287, with core pricing between RM 253 and RM 322. Market pricing typically extends from RM 267.73 to RM 307.23, reflecting moderate variation in unit pricing. With an IQR of RM 39.50 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.

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.