TAMAN RATNA

Area Intelligence
2024
Median Price
RM 690,000
PSF: RM 493

Residential PSF Trends

Median Price

RM 361,000

PSF: RM 233

Commercial PSF Trends

Median Price

RM 690,000

RM 493 PSF

TAMAN RATNA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2024, with a median price of RM 690K and a median price per square foot (PSF) of RM 493.

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 690K, with most transactions falling within a stable range of RM 530K to RM 850K, and a typical market range of RM 469K to RM 911K.

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

The median PSF stands at RM 493, with core pricing between RM 402 and RM 584. Market pricing typically extends from RM 415.50 to RM 570.50, reflecting moderate variation in unit pricing. The spread of RM 155.00 (IQR) and deviation of RM 91 (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.

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TAMAN RATNA, Seberang Perai Utara, Penang

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