Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN TAN SAI GIN

Area Intelligence

2023

Median Price

RM 375,000

PSF: RM 190

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Residential PSF Trends

Median Price

RM 375,000

PSF: RM 190

TAMAN TAN SAI GIN in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, priced up to RM 500K, with a median price of RM 375K and a median price per square foot (PSF) of RM 190.

This area contains both residential and commercial properties. View 11 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 300K to RM 450K, and a typical market range of RM 301K to RM 449K.

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 190, though individual units vary from RM 144 to RM 236 in the core range. The broader market spans RM 133.61 to RM 246.61, indicating diverse property characteristics. The spread of RM 113.00 (IQR) and deviation of RM 46 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TAN SAI GIN, Seberang Perai Tengah, Penang

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