TAMAN RATNA in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, with a median price of RM 295K and a median price per square foot (PSF) of RM 199.
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 295K, with most transactions falling within a stable range of RM 135K to RM 455K, and a typical market range of RM 74K to RM 516K.
Most transactions involved flats, with high diversity across multiple property types.
Price per square foot shows a median of RM 199, though individual units vary from RM 108 to RM 290 in the core range. The broader market spans RM 121.50 to RM 276.50, indicating diverse property characteristics. A wider spread (IQR: RM 155.00) and deviation (MAD: RM 91) 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.
