TAMAN PERAI UTAMA

Area Intelligence
2023
Median Price
RM 275,000
PSF: RM 267

Residential PSF Trends

Median Price

RM 275,000

PSF: RM 267

TAMAN PERAI UTAMA in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2023, with a median price of RM 275K and a median price per square foot (PSF) of RM 267.

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 275K, with most transactions falling within a stable range of RM 230K to RM 336K, and a typical market range of RM 248K to RM 303K.

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

The median PSF stands at RM 267, with core pricing between RM 229 and RM 304. Market pricing typically extends from RM 233.13 to RM 299.88, 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. 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

12 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 243,000
Level 9
1,001 sqft · RM 243 PSF
RM 280,000
Level 17
1,001 sqft · RM 280 PSF
RM 245,000
Level 12
1,001 sqft · RM 245 PSF
1,050 sqft
Condo/Apartment
RM 270,000
Level 10
1,055 sqft · RM 256 PSF
RM 270,000
Level 12
1,055 sqft · RM 256 PSF
1,100 sqft
Town House
RM 380,000
Level 1
1,119 sqft · RM 339 PSF
RM 310,000
Level 1
1,119 sqft · RM 277 PSF
RM 330,000
Level 1
1,119 sqft · RM 295 PSF
RM 230,000
Level 1
1,119 sqft · RM 205 PSF
1,200 sqft
Condo/Apartment
RM 232,000
Level 3
1,195 sqft · RM 194 PSF
1,400 sqft
Double Storey Terraced
RM 400,000
LORONG PRAI UTAMA 6
1,399 sqft · RM 286 PSF
RM 398,000
LORONG PRAI UTAMA 5
1,399 sqft · RM 284 PSF

No Properties For Sale

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

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