TAMAN PENAGA

Area Intelligence
2022
Median Price
RM 230,000
PSF: RM 194

Residential PSF Trends

Median Price

RM 230,000

PSF: RM 194

TAMAN PENAGA in Seberang Perai Utara, Penang recorded 12 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 194.

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 230K, with most transactions falling within a stable range of RM 174K to RM 286K, and a typical market range of RM 185K to RM 275K.

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

The median PSF stands at RM 194, with core pricing between RM 161 and RM 226. Market pricing typically extends from RM 168.50 to RM 218.50, reflecting moderate variation in unit pricing. The spread of RM 50.00 (IQR) and deviation of RM 32 (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

11 transactions grouped by size

1,000 sqft
Low-Cost House
RM 153,000
LORONG PENAGA 27
1,001 sqft · RM 153 PSF
RM 150,000
LORONG PENAGA 3
1,001 sqft · RM 150 PSF
1,100 sqft
Single Storey Terraced
RM 220,000
LORONG PENAGA 4
1,098 sqft · RM 200 PSF
RM 220,000
LORONG PENAGA 22
1,098 sqft · RM 200 PSF
RM 240,000
LORONG PENAGA 6
1,098 sqft · RM 219 PSF
RM 220,000
LORONG PENAGA 4
1,098 sqft · RM 200 PSF
RM 170,000
LORONG PENAGA 6
1,098 sqft · RM 155 PSF
1,300 sqft
Single Storey Terraced
RM 290,000
LORONG PENAGA 24
1,302 sqft · RM 223 PSF
1,550 sqft
Single Storey Terraced
RM 296,000
LORONG PENAGA 2
1,539 sqft · RM 192 PSF
RM 300,000
LORONG PENAGA 16
1,539 sqft · RM 195 PSF
2,650 sqft
Single Storey Semi-D
RM 300,000
LORONG PENAGA 24
2,626 sqft · RM 114 PSF

No Properties For Sale

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

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