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. The median price is RM 468K, with most transactions falling within a stable range of RM 414K to RM 522K, and a typical market range of RM 420K to RM 516K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 378, though individual units vary from RM 290 to RM 467 in the core range. The broader market spans RM 297.88 to RM 458.13, indicating diverse property characteristics. The spread of RM 160.25 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.
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.
