TAMAN KERJASAMA

Area Intelligence
2023
Median Price
RM 509,000
PSF: RM 275

Residential PSF Trends

Median Price

RM 480,000

PSF: RM 260

Commercial PSF Trends

Median Price

RM 509,000

RM 364 PSF

TAMAN KERJASAMA in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 509K and a median price per square foot (PSF) of RM 275.

This area contains both residential and commercial properties. View 20 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 509K, with most transactions falling within a stable range of RM 389K to RM 629K, and a typical market range of RM 379K to RM 639K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 275, with most transactions between RM 248 and RM 302. The usual range is RM 253.00 to RM 296.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.00 and an average deviation (MAD) of RM 27 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.

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TAMAN KERJASAMA, Seberang Perai Tengah, Penang

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