TAMAN RATNA

Area Intelligence
2022
Median Price
RM 90,000
PSF: RM 102

Residential PSF Trends

Median Price

RM 90,000

PSF: RM 102

Commercial PSF Trends

Median Price

RM 650,000

RM 465 PSF

TAMAN RATNA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 90K and a median price per square foot (PSF) of RM 102.

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 90K, with most transactions falling within a stable range of RM 60K to RM 120K, and a typical market range of RM 60K to RM 120K.

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

Price per square foot shows a median of RM 102, though individual units vary from RM 72 to RM 131 in the core range. The broader market spans RM 24.00 to RM 179.00, indicating diverse property characteristics. A wider spread (IQR: RM 155.00) and deviation (MAD: RM 30) 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.

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TAMAN RATNA, Seberang Perai Utara, Penang

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Transactions

2 transactions grouped by size

850 sqft
Flat
RM 60,000
Level 4
839 sqft · RM 72 PSF
900 sqft
Flat
RM 120,000
Level 1
915 sqft · RM 131 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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