TAMAN SRI MENERONG

TAMAN SRI MENERONG in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 185K and a median price per square foot (PSF) of RM 185.

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 185K, with most transactions falling within a stable range of RM 160K to RM 210K, and a typical market range of RM 160K to RM 210K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 185, with core pricing between RM 159 and RM 212. Market pricing typically extends from RM 159.63 to RM 210.38, reflecting moderate variation in unit pricing. With an IQR of RM 50.75 and MAD of RM 27, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.