TAMAN RIANG (SPT)

Area Intelligence
2022
Median Price
RM 398,000
PSF: RM 180

Residential PSF Trends

Median Price

RM 398,000

PSF: RM 180

TAMAN RIANG (SPT) in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, with a median price of RM 398K and a median price per square foot (PSF) of RM 180.

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 398K, with most transactions falling within a stable range of RM 351K to RM 445K, and a typical market range of RM 368K to RM 429K.

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

Price per square foot shows a median of RM 180, though individual units vary from RM 106 to RM 254 in the core range. The broader market spans RM 117.50 to RM 242.50, indicating diverse property characteristics. A wider spread (IQR: RM 125.00) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN RIANG (SPT), Seberang Perai Tengah, Penang

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Transactions

5 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 380,000
LORONG PERMATANG RAWA 1
1,324 sqft · RM 287 PSF
1,400 sqft
Double Storey Terraced
RM 460,000
JALAN PERMATANG RAWA 1
1,399 sqft · RM 329 PSF
2,350 sqft
Double Storey Semi-D
RM 398,000
LORONG PERMATANG RAWA 2
2,325 sqft · RM 171 PSF
RM 320,000
LORONG PERMATANG RAWA 2
2,325 sqft · RM 138 PSF
2,400 sqft
Double Storey Semi-D
RM 428,000
LORONG PERMATANG RAWA 2
2,379 sqft · RM 180 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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