TAMAN KENCANA

Area Intelligence
2023
Median Price
RM 330,000
PSF: RM 356

Commercial PSF Trends

Median Price

RM 330,000

RM 356 PSF

TAMAN KENCANA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 356.

This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM 356, with most transactions between RM 356 and RM 356. The usual range is RM 318.75 to RM 393.25, showing that most units are priced quite close to each other. With an IQR of RM 74.50 and MAD of RM 0, 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.

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TAMAN KENCANA, Seberang Perai Utara, Penang

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