Penang
Seberang Perai Utara
4
TAMAN PENAGA

TAMAN PENAGA

Area Intelligence

2021

Median Price

RM 200,000

PSF: RM 181

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Residential PSF Trends

Median Price

RM 200,000

PSF: RM 181

TAMAN PENAGA in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 181.

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 200K, with most transactions falling within a stable range of RM 300K to RM 210K, and a typical market range of RM 300K to RM 245K.

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 181, though individual units vary from RM 138 to RM 224 in the core range. The broader market spans RM 155.50 to RM 205.50, indicating diverse property characteristics. The spread of RM 50.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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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