TAMAN PERAI UTAMA

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 300K to RM 328K, and a typical market range of RM 300K to RM 288K.

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

The median PSF stands at RM 290, with core pricing between RM 251 and RM 328. Market pricing typically extends from RM 256.13 to RM 322.88, reflecting moderate variation in unit pricing. With an IQR of RM 66.75 and MAD of RM 38, 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.