TAMAN PERAI UTAMA

TAMAN PERAI UTAMA in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 297.

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 240K, with most transactions falling within a stable range of RM 210K to RM 270K, and a typical market range of RM 213K to RM 268K.

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

The median PSF stands at RM 297, with core pricing between RM 266 and RM 329. Market pricing typically extends from RM 263.63 to RM 330.38, 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.