TAMAN SRI MENERONG

TAMAN SRI MENERONG in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 155K and a median price per square foot (PSF) of RM 155.

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 155K, with most transactions falling within a stable range of RM 130K to RM 180K, and a typical market range of RM 130K to RM 180K.

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

The median PSF stands at RM 155, with core pricing between RM 129 and RM 182. Market pricing typically extends from RM 129.63 to RM 180.38, reflecting moderate variation in unit pricing. The spread of RM 50.75 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.