TAMAN PANDAN

Area Intelligence
2022
Median Price
RM 247,000
PSF: RM 261

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. The median price is RM 247K, with most transactions falling within a stable range of RM 80K to RM 745K, and a typical market range of RM 216K to RM 278K.

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

Price per square foot shows a median of RM 261, though individual units vary from RM 179 to RM 343 in the core range. The broader market spans RM 230.50 to RM 291.50, indicating diverse property characteristics. A wider spread (IQR: RM 61.00) and deviation (MAD: RM 82) indicate significant PSF variations, likely due to diverse property types or conditions.

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

12 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
3,800 sqft
Bungalow
RM 2,030,000
LINTANG BUNGA RAMPAI
3,810 sqft · RM 533 PSF

No Properties For Sale

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

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