TAMAN PERAI UTAMA

Area Intelligence
2023
Median Price
RM 270,000
PSF: RM 295

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 295

TAMAN PERAI UTAMA in Seberang Perai Tengah, Penang recorded 37 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 295.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 270K, with most transactions falling within a stable range of RM 191K to RM 349K, and a typical market range of RM 243K to RM 298K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

The median PSF stands at RM 295, with core pricing between RM 254 and RM 335. Market pricing typically extends from RM 261.42 to RM 328.17, reflecting moderate variation in unit pricing. With an IQR of RM 66.75 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN PERAI UTAMA, Seberang Perai Tengah, Penang

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Property Transactions

4 transactions grouped by road

RM 550,000
1,539 sqft
RM 357 PSF
RM 400,000
1,539 sqft
RM 260 PSF
RM 500,000
1,539 sqft
RM 325 PSF
RM 398,000
1,539 sqft
RM 259 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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