TAMAN KIMSAR

Area Intelligence

2022

Median Price

RM 330,000

PSF: RM 236

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 236

TAMAN KIMSAR in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 236.

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 330K, with most transactions falling within a stable range of RM 304K to RM 350K, and a typical market range of RM 280K to RM 350K.

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

For price per square foot, the median is RM 236, with most transactions between RM 216 and RM 256. The usual range is RM 191.25 to RM 280.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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

4 transactions grouped by size

Popular Ranges

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

Custom Range

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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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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Single Storey Terraced

1,400 sqft

Single Storey Terraced

RM 280,000

TINGKAT BAWAL 4

1,421 sqft · RM 197 PSF

Sep 2022

RM 330,000

LORONG BAWAL 5

1,399 sqft · RM 236 PSF

Aug 2022

RM 350,000

LORONG BAWAL 1

1,399 sqft · RM 250 PSF

May 2022

RM 330,000

TINGKAT BAWAL 2

1,399 sqft · RM 236 PSF

Mar 2022

TINGKAT BAWAL 4	RM 280,000	RM 197	1,421 sqft	Sep 2022
LORONG BAWAL 5	RM 330,000	RM 236	1,399 sqft	Aug 2022
LORONG BAWAL 1	RM 350,000	RM 250	1,399 sqft	May 2022
TINGKAT BAWAL 2	RM 330,000	RM 236	1,399 sqft	Mar 2022