TAMAN TASEK RETHINA

TAMAN TASEK RETHINA in Seberang Perai Utara, Penang recorded 12 subsale transactions in 2021, with a median price of RM 37K and a median price per square foot (PSF) of RM 69.

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 37K, with most transactions falling within a stable range of RM 25K to RM 49K, and a typical market range of RM 12K to RM 61K.

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

Price per square foot shows a median of RM 69, though individual units vary from RM 47 to RM 91 in the core range. The broader market spans RM 32.00 to RM 105.00, indicating diverse property characteristics. A wider spread (IQR: RM 73.00) and deviation (MAD: RM 22) indicate significant PSF variations, likely due to diverse property types or conditions.

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.