|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Senangin 1
|
RM 350,000
|
RM 162
|
2,161 sqft
|
|
Semi-D |
|
Lorong Senangin 1
|
RM 500,000
|
RM 235
|
2,128 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 |
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Market Snapshot
ResidentialRM 319,000
RM 148 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, sized between 2,125 and 2,174 sqft, with a median price of RM 319K and a median price per square foot (PSF) of RM 148.
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 319K, with most transactions falling within a stable range of RM 270K to RM 409K, and a typical market range of RM 270K to RM 409K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
Price per square foot shows a median of RM 148, though individual units vary from RM 105 to RM 191 in the core range. The broader market spans RM 118.65 to RM 177.15, indicating diverse property characteristics. A wider spread (IQR: RM 58.50) and deviation (MAD: RM 43) indicate significant PSF variations, likely due to diverse property types or conditions.
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.