TAMAN PERAI UTAMA

Area Intelligence
2022
Median Price
RM 260,000
PSF: RM 290

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 290

TAMAN PERAI UTAMA in Seberang Perai Tengah, Penang recorded 28 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 290.

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 260K, with most transactions falling within a stable range of RM 500K to RM 290K, and a typical market range of RM 500K to RM 288K.

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

For price per square foot, the median is RM 290, with most transactions between RM 284 and RM 296. The usual range is RM 256.13 to RM 322.88, showing that most units are priced quite close to each other. With an IQR of RM 66.75 and MAD of RM 6, 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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Transactions

2 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 500,000
LORONG PRAI UTAMA 6
1,399 sqft · RM 357 PSF
1,500 sqft
Double Storey Terraced
RM 560,000
LORONG PRAI UTAMA 1
1,518 sqft · RM 369 PSF

No Properties For Sale

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

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