TAMAN KIMSAR in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2023, with a median price of RM 338K and a median price per square foot (PSF) of RM 242.
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 338K, with most transactions falling within a stable range of RM 238K to RM 438K, and a typical market range of RM 249K to RM 427K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 242, with core pricing between RM 195 and RM 289. Market pricing typically extends from RM 197.25 to RM 286.75, reflecting moderate variation in unit pricing. The spread of RM 89.50 (IQR) and deviation of RM 47 (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.
