Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN TAN SAI GIN

Area Intelligence

2023

Median Price

RM 570,000

PSF: RM 220

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Residential PSF Trends

Median Price

RM 510,000

PSF: RM 268

TAMAN TAN SAI GIN in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 570K and a median price per square foot (PSF) of RM 220.

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 570K, with most transactions falling within a stable range of RM 510K to RM 630K, and a typical market range of RM 510K to RM 630K.

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 220, though individual units vary from RM 172 to RM 268 in the core range. The broader market spans RM 163.42 to RM 276.42, indicating diverse property characteristics. The spread of RM 113.00 (IQR) and deviation of RM 48 (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. 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.

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TAMAN TAN SAI GIN, Seberang Perai Tengah, Penang

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