Taman Riang (Spt)
Taman Riang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Taman Riang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Permatang Rawa 1
|
RM 380,000
|
RM 234
|
1,625 sqft
|
|
|
|
Jalan Permatang Rawa 1
|
RM 460,000
|
RM 283
|
1,625 sqft
|
|
|
Lorong Permatang Rawa 2
|
RM 398,000
|
RM 171
|
2,325 sqft
|
|
|
|
Lorong Permatang Rawa 2
|
RM 320,000
|
RM 138
|
2,325 sqft
|
|
|
Lorong Permatang Rawa 2
|
RM 428,000
|
RM 180
|
2,379 sqft
|
|
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Market Snapshot
ResidentialRM 398,000
RM 180 psfMedian transaction price
Taman Riang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 129 to RM 231 in the core range. The broader market spans RM 117.42 to RM 242.42, indicating diverse property characteristics. A wider spread (IQR: RM 125.00) and deviation (MAD: RM 51) 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.