TAMAN PENAGA

TAMAN PENAGA in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 214.

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 220K, with most transactions falling within a stable range of RM 190K to RM 250K, and a typical market range of RM 175K to RM 265K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 214, with core pricing between RM 191 and RM 237. Market pricing typically extends from RM 189.00 to RM 239.00, reflecting moderate variation in unit pricing. With an IQR of RM 50.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.