TAMAN SENANGIN

TAMAN SENANGIN in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, with a median price of RM 288K and a median price per square foot (PSF) of RM 127.

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 288K, with most transactions falling within a stable range of RM 250K to RM 378K, and a typical market range of RM 250K to RM 378K.

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 127, with most transactions between RM 122 and RM 132. The usual range is RM 97.75 to RM 156.25, 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.