TAMAN BUKIT MAS (BELMONT RESIDENCES)

TAMAN BUKIT MAS (BELMONT RESIDENCES) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.02 million and a median price per square foot (PSF) of RM 544.

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 1.02 million, with most transactions falling within a stable range of RM 839K to RM 1.21 million, and a typical market range of RM 839K to RM 1.21 million.

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

Price per square foot shows a median of RM 544, though individual units vary from RM 409 to RM 678 in the core range. The broader market spans RM 486.00 to RM 601.00, indicating diverse property characteristics. The spread of RM 115.00 (IQR) and deviation of RM 135 (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.