TAMAN SEPADU in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 315K and a median price per square foot (PSF) of RM 173.
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 315K, with most transactions falling within a stable range of RM 275K to RM 355K, and a typical market range of RM 279K to RM 351K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 173, with core pricing between RM 149 and RM 197. Market pricing typically extends from RM 142.50 to RM 203.50, reflecting moderate variation in unit pricing. With an IQR of RM 61.00 and MAD of RM 24, 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.
