TAMAN SUNGAI DUA UTAMA

Area Intelligence
2023
Median Price
RM 440,000
PSF: RM 338

Residential PSF Trends

Median Price

RM 167,500

PSF: RM 268

Commercial PSF Trends

Median Price

RM 805,000

RM 567 PSF

TAMAN SUNGAI DUA UTAMA in Seberang Perai Utara, Penang recorded 18 subsale transactions in 2023, with a median price of RM 440K and a median price per square foot (PSF) of RM 338.

This area contains both residential and commercial properties. View 45 residential properties or 12 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 205K to RM 675K, and a typical market range of RM 273K to RM 608K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 338, though individual units vary from RM 268 to RM 408 in the core range. The broader market spans RM 271.50 to RM 404.50, indicating diverse property characteristics. The spread of RM 133.00 (IQR) and deviation of RM 70 (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.

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TAMAN SUNGAI DUA UTAMA, Seberang Perai Utara, Penang

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