Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN SERUMPUN

Area Intelligence

2023

Median Price

RM 468,000

PSF: RM 378

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Residential PSF Trends

Median Price

RM 468,000

PSF: RM 378

TAMAN SERUMPUN in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 468K and a median price per square foot (PSF) of RM 378.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 378, with most transactions between RM 378 and RM 378. The usual range is RM 297.88 to RM 458.13, showing that most units are priced quite close to each other. With an IQR of RM 160.25 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERUMPUN, Seberang Perai Tengah, Penang

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