TAMAN PERAI UTAMA

Area Intelligence
2021
Median Price
RM 242,500
PSF: RM 282

Residential PSF Trends

Median Price

RM 242,500

PSF: RM 282

TAMAN PERAI UTAMA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 243K and a median price per square foot (PSF) of RM 282.

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 243K, with most transactions falling within a stable range of RM 213K to RM 273K, and a typical market range of RM 215K to RM 270K.

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

The median PSF stands at RM 282, with core pricing between RM 250 and RM 313. Market pricing typically extends from RM 248.13 to RM 314.88, reflecting moderate variation in unit pricing. With an IQR of RM 66.75 and MAD of RM 32, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERAI UTAMA, Seberang Perai Tengah, Penang

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Transactions

4 transactions grouped by size

850 sqft
Condo/Apartment
RM 300,000
Level 3
861 sqft · RM 348 PSF
RM 235,000
Level 12
861 sqft · RM 273 PSF
RM 250,000
Level 12
861 sqft · RM 290 PSF
950 sqft
Condo/Apartment
RM 230,000
Level 1
932 sqft · RM 247 PSF

No Properties For Sale

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

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