TAMAN PENAGA

Area Intelligence
2021
Median Price
RM 200,000
PSF: RM 181

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 138K to RM 262K, and a typical market range of RM 155K to RM 245K.

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

The median PSF stands at RM 181, with core pricing between RM 147 and RM 214. Market pricing typically extends from RM 155.50 to RM 205.50, reflecting moderate variation in unit pricing. The spread of RM 50.00 (IQR) and deviation of RM 34 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PENAGA, Seberang Perai Utara, Penang

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Transactions

8 transactions grouped by size

1,000 sqft
Low-Cost House
RM 190,000
LORONG PENAGA 7
1,001 sqft · RM 190 PSF
RM 175,000
LORONG PENAGA 9
1,023 sqft · RM 171 PSF
RM 160,000
LORONG PENAGA 27
1,001 sqft · RM 160 PSF
RM 135,000
LORONG PENAGA 17
1,001 sqft · RM 135 PSF
1,100 sqft
Single Storey Terraced
RM 210,000
LORONG PENAGA 2
1,098 sqft · RM 191 PSF
RM 250,000
LORONG PENAGA 12
1,098 sqft · RM 228 PSF
1,450 sqft
Single Storey Terraced
RM 300,000
LORONG PENAGA 30
1,442 sqft · RM 208 PSF
2,650 sqft
Single Storey Semi-D
RM 320,000
LORONG PENAGA 28
2,626 sqft · RM 122 PSF

No Properties For Sale

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

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