TAMAN TERATAI

Area Intelligence
2 subsale transactions
Double Storey Terraced
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Median Price
RM 565,000
PSF: RM 434

Residential PSF Trends

Median Price

RM 565,000

PSF: RM 434

TAMAN TERATAI in Seberang Perai Utara, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 565K and a median price per square foot (PSF) of RM 434.

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 565K, with most transactions falling within a stable range of RM 490K to RM 640K, and a typical market range of RM 490K to RM 640K.

Within the Double Storey Terraced category, detached dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 434, with core pricing between RM 376 and RM 491. Market pricing typically extends from RM 416.50 to RM 450.50, reflecting moderate variation in unit pricing. With an IQR of RM 34.00 and MAD of RM 58, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN TERATAI, Seberang Perai Utara, Penang

OSM

Transactions

2 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,300 sqft
Double Storey Terraced
RM 490,000
JALAN TERATAI 1
1,302 sqft · RM 376.00 PSF
Jul 2024
RM 640,000
JALAN TERATAI 1
1,302 sqft · RM 491.00 PSF
Aug 2022