TAMAN PERMATANG SINTOK in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 221.
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 160K, with most transactions falling within a stable range of RM 117K to RM 200K, and a typical market range of RM 124K to RM 196K.
Most transactions involved flats, with moderate diversity in property types available.
Price per square foot shows a median of RM 221, though individual units vary from RM 175 to RM 266 in the core range. The broader market spans RM 195.50 to RM 245.50, indicating diverse property characteristics. The spread of RM 50.00 (IQR) and deviation of RM 46 (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.
