TAMAN SRI PINANG (SPU) in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 229.
This area contains both residential and commercial properties. View 41 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 170K, with most transactions falling within a stable range of RM 130K to RM 210K, and a typical market range of RM 123K to RM 218K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
The median PSF stands at RM 229, with core pricing between RM 193 and RM 265. Market pricing typically extends from RM 187.50 to RM 270.50, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.
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.
