TAMAN PENAGA

Area Intelligence
2024
Median Price
RM 250,000
PSF: RM 220

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 220

TAMAN PENAGA in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 220.

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 250K, with most transactions falling within a stable range of RM 310K to RM 309K, and a typical market range of RM 310K to RM 295K.

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

Price per square foot shows a median of RM 220, though individual units vary from RM 160 to RM 280 in the core range. The broader market spans RM 195.00 to RM 245.00, indicating diverse property characteristics. A wider spread (IQR: RM 50.00) and deviation (MAD: RM 60) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN PENAGA, Seberang Perai Utara, Penang

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Transactions

3 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 350,000
LORONG PENAGA 1
1,302 sqft · RM 269 PSF
1,950 sqft
Low-Cost House
RM 310,000
LORONG PENAGA 7
1,927 sqft · RM 161 PSF
3,500 sqft
Double Storey Semi-D
RM 450,000
LORONG PENAGA 30
3,498 sqft · RM 129 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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