TAMAN RIANG (SPT)

Area Intelligence
2022
Median Price
RM 398,000
PSF: RM 171

Residential PSF Trends

Median Price

RM 398,000

PSF: RM 171

TAMAN RIANG (SPT) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 398K and a median price per square foot (PSF) of RM 171.

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 352K to RM 428K, and a typical market range of RM 368K to RM 428K.

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

The median PSF stands at RM 171, with core pricing between RM 153 and RM 189. Market pricing typically extends from RM 108.50 to RM 233.50, reflecting moderate variation in unit pricing. With an IQR of RM 125.00 and MAD of RM 18, 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. 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

3 transactions grouped by size

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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