Penang
Seberang Perai Utara
14
TAMAN TERATAI

TAMAN TERATAI

Area Intelligence

2024

Median Price

RM 1,550,000

PSF: RM 442

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Residential PSF Trends

Median Price

RM 1,550,000

PSF: RM 442

TAMAN TERATAI in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2024, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 442.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, with moderate diversity in property types available.

For price per square foot, the median is RM 442, with most transactions between RM 442 and RM 442. The usual range is RM 425.00 to RM 459.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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 TERATAI, Seberang Perai Utara, Penang

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