TAMAN TERATAI

TAMAN TERATAI in Seberang Perai Utara, Penang recorded 2 Bungalow properties subsale transactions between 2021 and 2025 for bungalow properties, with a median price of RM 1.58 million and a median price per square foot (PSF) of RM 446.

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 1.58 million, with most transactions falling within a stable range of RM 1.55 million to RM 1.60 million, and a typical market range of RM 1.55 million to RM 1.60 million.

Within the Bungalow category, detached dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 446, with most transactions between RM 442 and RM 449. The usual range is RM 428.50 to RM 462.50, 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 4 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.