TAMAN PANDAN

Area Intelligence
2023
Median Price
RM 260,000
PSF: RM 283

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 283

TAMAN PANDAN in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 283.

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 260K, with most transactions falling within a stable range of RM 173K to RM 290K, and a typical market range of RM 229K to RM 290K.

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

The median PSF stands at RM 283, with core pricing between RM 233 and RM 333. Market pricing typically extends from RM 252.50 to RM 313.50, reflecting moderate variation in unit pricing. The spread of RM 61.00 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

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

5 transactions grouped by size

450 sqft
Low-Cost Flat
RM 75,000
Level 4
452 sqft · RM 166 PSF
RM 128,000
Level G
452 sqft · RM 283 PSF
950 sqft
Condo/Apartment
RM 273,000
Level 4
936 sqft · RM 292 PSF
RM 290,000
Level 3
947 sqft · RM 306 PSF
RM 260,000
Level 4
936 sqft · RM 278 PSF

No Properties For Sale

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

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