TAMAN DESA SENA in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2023, with a median price of RM 110K and a median price per square foot (PSF) of RM 186.
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 110K, with most transactions falling within a stable range of RM 70K to RM 150K, and a typical market range of RM 4K to RM 217K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 186, with core pricing between RM 151 and RM 221. Market pricing typically extends from RM 155.50 to RM 216.50, reflecting moderate variation in unit pricing. The spread of RM 61.00 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
