Penang
Seberang Perai Utara
7
TAMAN SEJAHTERA INDAH (SPU)

TAMAN SEJAHTERA INDAH (SPU)

Area Intelligence

2022

Median Price

RM 80,000

PSF: RM 126

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Residential PSF Trends

Median Price

RM 80,000

PSF: RM 126

Commercial PSF Trends

Median Price

RM 395,000

RM 278 PSF

TAMAN SEJAHTERA INDAH (SPU) in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 80K and a median price per square foot (PSF) of RM 126.

This area contains both residential and commercial properties. View 13 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 80K, with most transactions falling within a stable range of RM 70K to RM 90K, and a typical market range of RM 70K to RM 90K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 126, with core pricing between RM 110 and RM 142. Market pricing typically extends from RM 90.00 to RM 162.00, reflecting moderate variation in unit pricing. With an IQR of RM 72.00 and MAD of RM 16, 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. 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 SEJAHTERA INDAH (SPU), Seberang Perai Utara, Penang

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