TAMAN PERAI UTAMA

Area Intelligence
2023
Median Price
RM 500,000
PSF: RM 197

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 197

TAMAN PERAI UTAMA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 197.

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 500K, with most transactions falling within a stable range of RM 446K to RM 550K, and a typical market range of RM 473K to RM 528K.

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

For price per square foot, the median is RM 197, with most transactions between RM 194 and RM 200. The usual range is RM 163.63 to RM 230.38, showing that most units are priced quite close to each other. With an IQR of RM 66.75 and MAD of RM 3, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

3 transactions grouped by size

2,150 sqft
Condo/Apartment
RM 420,000
Level 4
2,131 sqft · RM 197 PSF
2,550 sqft
Double Storey Terraced
RM 500,000
LORONG PERAI UTAMA 6
2,573 sqft · RM 194 PSF
2,700 sqft
Double Storey Terraced
RM 550,000
LORONG PERAI UTAMA 4
2,723 sqft · RM 202 PSF

No Properties For Sale

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

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