|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Senangin 3
|
RM 300,000
|
RM 119
|
2,528 sqft
|
|
Semi-D |
| 2022 | |||||
|
Lorong Senangin 1
|
RM 270,000
|
RM 127
|
2,128 sqft
|
|
Semi-D |
|
Lorong Senangin 1
|
RM 288,000
|
RM 134
|
2,152 sqft
|
|
Semi-D |
|
Lorong Senangin 9
|
RM 250,000
|
RM 124
|
2,013 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 279,000
RM 126 psfMedian transaction price
Taman Senangin, 13600 Perai, Pulau Pinang, Malaysia
MapsTaman Senangin in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 279K and a median price per square foot (PSF) of RM 126.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 279K, with most transactions falling within a stable range of RM 260K to RM 298K, and a typical market range of RM 250K to RM 300K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 126, with most transactions between RM 120 and RM 131. The usual range is RM 96.29 to RM 154.79, showing that most units are priced quite close to each other. With an IQR of RM 58.50 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.