TAMAN SETIA

TAMAN SETIA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 655K and a median price per square foot (PSF) of RM 516.

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 655K, with most transactions falling within a stable range of RM 620K to RM 670K, and a typical market range of RM 598K to RM 670K.

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

For price per square foot, the median is RM 516, with most transactions between RM 488 and RM 544. The usual range is RM 451.00 to RM 581.00, showing that most units are priced quite close to each other. With an IQR of RM 130.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

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.