TAMAN PANDAN

Area Intelligence

2024

Median Price

RM 320,000

PSF: RM 315

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 315

TAMAN PANDAN in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 320K and a median price per square foot (PSF) of RM 315.

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 320K, with most transactions falling within a stable range of RM 100K to RM 628K, and a typical market range of RM 289K to RM 351K.

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

The median PSF stands at RM 315, with core pricing between RM 271 and RM 359. Market pricing typically extends from RM 284.50 to RM 345.50, reflecting moderate variation in unit pricing. With an IQR of RM 61.00 and MAD of RM 44, 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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