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 300K to RM 357K, 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 245 and RM 334. Market pricing typically extends from RM 256.13 to RM 322.88, reflecting moderate variation in unit pricing. The spread of RM 66.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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

7 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 310,000
Level 3
1,001 sqft · RM 310 PSF
1,100 sqft
Town House
RM 330,000
Level 1
1,119 sqft · RM 295 PSF
RM 300,000
Level G
1,119 sqft · RM 268 PSF
RM 330,000
Level 1
1,119 sqft · RM 295 PSF
1,400 sqft
Double Storey Terraced
RM 500,000
LORONG PRAI UTAMA 6
1,399 sqft · RM 357 PSF
RM 325,000
LORONG PRAI UTAMA 5
1,399 sqft · RM 232 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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