TAMAN SEGAR JAYA in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 347.
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 420K, with most transactions falling within a stable range of RM 370K to RM 470K, and a typical market range of RM 295K to RM 545K.
Most transactions involved town house, with high diversity across multiple property types.
For price per square foot, the median is RM 347, with most transactions between RM 314 and RM 380. The usual range is RM 274.63 to RM 419.38, showing that most units are priced quite close to each other. With an IQR of RM 144.75 and MAD of RM 33, 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.
