TAMAN PANDAN

Area Intelligence
2022
Median Price
RM 245,000
PSF: RM 259

Residential PSF Trends

Median Price

RM 245,000

PSF: RM 259

TAMAN PANDAN in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2022, with a median price of RM 245K and a median price per square foot (PSF) of RM 259.

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 245K, with most transactions falling within a stable range of RM 192K to RM 298K, and a typical market range of RM 214K to RM 276K.

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

The median PSF stands at RM 259, with core pricing between RM 226 and RM 292. Market pricing typically extends from RM 228.50 to RM 289.50, reflecting moderate variation in unit pricing. With an IQR of RM 61.00 and MAD of RM 33, 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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Transactions

11 transactions grouped by size

450 sqft
Low-Cost Flat
RM 80,000
Level 2
452 sqft · RM 177 PSF
950 sqft
Condo/Apartment
RM 270,000
Level 4
936 sqft · RM 288 PSF
RM 230,000
Level 5
936 sqft · RM 246 PSF
RM 250,000
Level 3
947 sqft · RM 264 PSF
RM 235,000
Level 4
926 sqft · RM 254 PSF
RM 300,000
Level 2
936 sqft · RM 320 PSF
RM 249,000
Level 1
947 sqft · RM 263 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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