TAMAN RATNA

Area Intelligence

2023

Median Price

RM 130,000

PSF: RM 153

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Residential PSF Trends

Median Price

RM 130,000

PSF: RM 153

Commercial PSF Trends

Median Price

RM 650,000

RM 465 PSF

TAMAN RATNA in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 130K and a median price per square foot (PSF) of RM 153.

This area contains both residential and commercial properties. View 13 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 130K, with most transactions falling within a stable range of RM 98K to RM 140K, and a typical market range of RM 60K to RM 140K.

Most transactions involved flats, with high diversity across multiple property types.

Price per square foot shows a median of RM 153, though individual units vary from RM 116 to RM 190 in the core range. The broader market spans RM 75.50 to RM 230.50, indicating diverse property characteristics. The spread of RM 155.00 (IQR) and deviation of RM 37 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN RATNA, Seberang Perai Utara, Penang

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 125,000

Level 1

848 sqft • RM 147.00 PSF

Oct 2023

RM 135,000

Level 1

848 sqft • RM 159.00 PSF

Oct 2023

RM 140,000

Level 2

848 sqft • RM 165.00 PSF

Oct 2023

RM 60,000

Level 4

839 sqft • RM 72.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 1	RM 125,000	RM 147.00	848 sqft	Oct 2023	Flat
Level 1	RM 135,000	RM 159.00	848 sqft	Oct 2023	Flat
Level 2	RM 140,000	RM 165.00	848 sqft	Oct 2023	Flat
Level 4	RM 60,000	RM 72.00	839 sqft	Jan 2023	Flat