TAMAN PENAGA in Seberang Perai Utara, Penang recorded 40 subsale transactions between 2021 and 2025, with a median price of RM 228K and a median price per square foot (PSF) of RM 200.
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 228K, with most transactions falling within a stable range of RM 198K to RM 258K, and a typical market range of RM 183K to RM 273K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 200, with core pricing between RM 177 and RM 223. Market pricing typically extends from RM 175.00 to RM 225.00, 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. Moderate transaction volume may require patience when buying or selling.