TAMAN PERAI UTAMA

Area Intelligence
2023
Median Price
RM 270,000
PSF: RM 290

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 290

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 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 270K, with most transactions falling within a stable range of RM 500K to RM 295K, and a typical market range of RM 500K to RM 298K.

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 286 and RM 294. The usual range is RM 256.63 to RM 323.38, showing that most units are priced quite close to each other. With an IQR of RM 66.75 and MAD of RM 4, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

2,550 sqft
Double Storey Terraced
RM 500,000
LORONG PERAI UTAMA 6
2,573 sqft · RM 194 PSF
2,700 sqft
Double Storey Terraced
RM 550,000
LORONG PERAI UTAMA 4
2,723 sqft · RM 202 PSF

No Properties For Sale

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

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