TAMAN PANDAN

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 210K to RM 280K, 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 227 and RM 291. 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 32, 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.