Penang
Seberang Perai Utara
7
TAMAN SENANGAN

TAMAN SENANGAN

Area Intelligence

2023

Median Price

RM 300,000

PSF: RM 188

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 188

TAMAN SENANGAN in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 188.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 265K to RM 335K, and a typical market range of RM 264K to RM 336K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 188, with core pricing between RM 160 and RM 216. Market pricing typically extends from RM 172.38 to RM 203.63, reflecting moderate variation in unit pricing. With an IQR of RM 31.25 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SENANGAN, Seberang Perai Utara, Penang

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