TAMAN PERMATANG SINTOK in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2022, with a median price of RM 167K and a median price per square foot (PSF) of RM 210.
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 167K, with most transactions falling within a stable range of RM 126K to RM 190K, and a typical market range of RM 131K to RM 190K.
Most transactions involved flats, with moderate diversity in property types available.
The median PSF stands at RM 210, with core pricing between RM 168 and RM 252. Market pricing typically extends from RM 185.00 to RM 235.00, reflecting moderate variation in unit pricing. The spread of RM 50.00 (IQR) and deviation of RM 42 (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.
