Taman Penanti

Taman Penanti in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 272.

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 160K, with most transactions falling within a stable range of RM 156K to RM 160K, and a typical market range of RM 150K to RM 160K.

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

For price per square foot, the median is RM 272, with most transactions between RM 262 and RM 281. The usual range is RM 251.88 to RM 291.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.