TAMAN WIRA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 438K and a median price per square foot (PSF) of RM 115.
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 438K, with most transactions falling within a stable range of RM 357K to RM 519K, and a typical market range of RM 368K to RM 508K.
Most transactions involved detached, with moderate diversity in property types available.
Price per square foot shows a median of RM 115, though individual units vary from RM 51 to RM 179 in the core range. The broader market spans RM 40.88 to RM 189.13, indicating diverse property characteristics. A wider spread (IQR: RM 148.25) and deviation (MAD: RM 64) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
