|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Butterworth
|
RM 700,000
|
RM 220
|
3,175 sqft
|
|
3-Sty Shop |
|
Lorong Malinja 1 Taman Sepakat
|
RM 630,000
|
RM 198
|
3,175 sqft
|
|
3-Sty Shop |
|
Solok Malinja
|
RM 420,000
|
RM 291
|
1,442 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 420,000
RM 352 psfMedian transaction price
Taman Sepakat, 13100 Penaga, Pulau Pinang, Malaysia
MapsTaman Sepakat in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 630K and a median price per square foot (PSF) of RM 220.
This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 630K, with most transactions falling within a stable range of RM 560K to RM 700K, and a typical market range of RM 560K to RM 700K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 220, though individual units vary from RM 161 to RM 279 in the core range. The broader market spans RM 161.95 to RM 278.95, indicating diverse property characteristics. A wider spread (IQR: RM 117.00) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.