TAMAN PANDAN

Area Intelligence

2022

Median Price

RM 247,000

PSF: RM 261

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Residential PSF Trends

Median Price

RM 247,000

PSF: RM 261

TAMAN PANDAN in Seberang Perai Utara, Penang recorded 12 subsale transactions in 2022, with a median price of RM 247K and a median price per square foot (PSF) of RM 261.

This area consists exclusively of residential properties, with no commercial listings recorded.

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

Most transactions involved condominium/apartment, with moderate diversity in property types available.

For price per square foot, the median is RM 261, with most transactions between RM 261 and RM 261. The usual range is RM 230.50 to RM 291.50, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 0, 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 PANDAN, Seberang Perai Utara, Penang

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