Penang
Seberang Perai Utara
14
TAMAN SEGAR JAYA

TAMAN SEGAR JAYA

Area Intelligence

2021

Median Price

RM 414,000

PSF: RM 318

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Residential PSF Trends

Median Price

RM 414,000

PSF: RM 318

TAMAN SEGAR JAYA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 414K and a median price per square foot (PSF) of RM 318.

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 414K, with most transactions falling within a stable range of RM 398K to RM 430K, and a typical market range of RM 398K to RM 430K.

Most transactions involved town house, with high diversity across multiple property types.

For price per square foot, the median is RM 318, with most transactions between RM 306 and RM 330. The usual range is RM 245.63 to RM 390.38, showing that most units are priced quite close to each other. With an IQR of RM 144.75 and MAD of RM 12, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SEGAR JAYA, Seberang Perai Utara, Penang

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