TAMAN SUTERA PRIMA

TAMAN SUTERA PRIMA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 480K and a median price per square foot (PSF) of RM 375.

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 480K, with most transactions falling within a stable range of RM 448K to RM 671K, and a typical market range of RM 448K to RM 584K.

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

For price per square foot, the median is RM 375, with most transactions between RM 349 and RM 401. The usual range is RM 340.00 to RM 410.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 26, 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.