TAMAN RATNA

Area Intelligence
2022
Median Price
RM 532,500
PSF: RM 285

Residential PSF Trends

Median Price

RM 532,500

PSF: RM 285

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 533K and a median price per square foot (PSF) of RM 285.

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 533K, with most transactions falling within a stable range of RM 515K to RM 550K, and a typical market range of RM 515K to RM 550K.

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

For price per square foot, the median is RM 285, with most transactions between RM 281 and RM 289. The usual range is RM 207.50 to RM 362.50, showing that most units are priced quite close to each other. With an IQR of RM 155.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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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Transactions

2 transactions grouped by size

1,850 sqft
Double Storey Terraced
RM 515,000
JALAN NAKHODA
1,830 sqft · RM 281 PSF
1,900 sqft
Double Storey Terraced
RM 550,000
JALAN NAKHODA
1,905 sqft · RM 289 PSF

No Properties For Sale

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

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