TAMAN PERMATANG SINTOK in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2022, with a median price of RM 167K and a median price per square foot (PSF) of RM 213.
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 70K to RM 271K, and a typical market range of RM 131K to RM 203K.
Most transactions involved flats, with moderate diversity in property types available.
Price per square foot shows a median of RM 213, though individual units vary from RM 137 to RM 289 in the core range. The broader market spans RM 188.00 to RM 238.00, indicating diverse property characteristics. A wider spread (IQR: RM 50.00) and deviation (MAD: RM 76) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
