TAMAN PAUH JAYA in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 310.
This area contains both residential and commercial properties. View 36 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 435K to RM 665K, and a typical market range of RM 438K to RM 662K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 310, with core pricing between RM 257 and RM 364. Market pricing typically extends from RM 258.75 to RM 361.25, reflecting moderate variation in unit pricing. The spread of RM 102.50 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.
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.