TAMAN WIRA

Area Intelligence

2022

Median Price

RM 434,000

PSF: RM 162

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Residential PSF Trends

Median Price

RM 434,000

PSF: RM 162

TAMAN WIRA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 434K and a median price per square foot (PSF) of RM 162.

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 434K, with most transactions falling within a stable range of RM 283K to RM 585K, and a typical market range of RM 364K to RM 504K.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 162, though individual units vary from RM 122 to RM 201 in the core range. The broader market spans RM 87.38 to RM 235.63, indicating diverse property characteristics. The spread of RM 148.25 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

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 WIRA, Seberang Perai Utara, Penang

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