TAMAN KIMSAR

Area Intelligence

2022

Median Price

RM 340,000

PSF: RM 217

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 217

TAMAN KIMSAR in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 217.

This area contains both residential and commercial properties. View 20 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 280K to RM 410K, and a typical market range of RM 280K to RM 429K.

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

The median PSF stands at RM 217, with core pricing between RM 183 and RM 250. Market pricing typically extends from RM 171.75 to RM 261.25, reflecting moderate variation in unit pricing. The spread of RM 89.50 (IQR) and deviation of RM 33 (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.

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TAMAN KIMSAR, Seberang Perai Tengah, Penang

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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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RM 400,000

LORONG BAWAL 1

2,605 sqft • RM 154.00 PSF

Oct 2022

RM 280,000

TINGKAT BAWAL 4

1,421 sqft • RM 197.00 PSF

Sep 2022

RM 330,000

LORONG BAWAL 5

1,399 sqft • RM 236.00 PSF

Aug 2022

RM 500,000

LORONG BAWAL 1

2,605 sqft • RM 192.00 PSF

Jul 2022

RM 350,000

LORONG BAWAL 1

1,399 sqft • RM 250.00 PSF

May 2022

RM 330,000

TINGKAT BAWAL 2

1,399 sqft • RM 236.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
LORONG BAWAL 1	RM 400,000	RM 154.00	2,605 sqft	Oct 2022	Single Storey Terraced
TINGKAT BAWAL 4	RM 280,000	RM 197.00	1,421 sqft	Sep 2022	Single Storey Terraced
LORONG BAWAL 5	RM 330,000	RM 236.00	1,399 sqft	Aug 2022	Single Storey Terraced
LORONG BAWAL 1	RM 500,000	RM 192.00	2,605 sqft	Jul 2022	Single Storey Terraced
LORONG BAWAL 1	RM 350,000	RM 250.00	1,399 sqft	May 2022	Single Storey Terraced
TINGKAT BAWAL 2	RM 330,000	RM 236.00	1,399 sqft	Mar 2022	Single Storey Terraced