TAMAN CAMELLIA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 619K and a median price per square foot (PSF) of RM 492.
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 619K, with most transactions falling within a stable range of RM 509K to RM 729K, and a typical market range of RM 513K to RM 726K.
Most transactions involved cluster house, though some variety exists in the market.
The median PSF stands at RM 492, with core pricing between RM 430 and RM 555. Market pricing typically extends from RM 432.25 to RM 551.75, reflecting moderate variation in unit pricing. With an IQR of RM 119.50 and MAD of RM 63, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.