Area Intelligence

TAMAN SELAYANG UTAMA

7 properties
2024
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Median Price
RM 784,000
PSF: RM 585

Residential Market

Median Price

RM 744,500

IQR: RM 75
MAD: RM 28
RM 573 PSF 2.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,750,000

IQR: RM 33
MAD: RM 7
RM 756 PSF 3.6%

PSF Trends (2021-2025)

TAMAN SELAYANG UTAMA in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2024, with a median price of RM 784K and a median price per square foot (PSF) of RM 585.

This area contains both residential and commercial properties. View 21 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 784K, with most transactions falling within a stable range of RM 678K to RM 1.14 million, and a typical market range of RM 706K to RM 863K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 585, with core pricing between RM 491 and RM 679. Market pricing typically extends from RM 547.00 to RM 623.00, reflecting moderate variation in unit pricing. The spread of RM 76.00 (IQR) and deviation of RM 94 (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.

Area Location

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TAMAN SELAYANG UTAMA, Seberang Perai Utara, Penang

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Transactions

7 properties grouped by size

1,150 sqft
1 units Double Storey Terraced
RM 850,000
LORONG SELAYANG UTAMA 5
1,163 sqft · RM 731.00 PSF
Jul 2024
1,200 sqft
1 units Double Storey Terraced
RM 705,000
LORONG SELAYANG UTAMA 3
1,206 sqft · RM 585.00 PSF
Jul 2024
1,250 sqft
3 units Double Storey Terraced
RM 784,000
LORONG SELAYANG UTAMA 2
1,259 sqft · RM 623.00 PSF
Aug 2024
RM 705,000
LORONG SELAYANG UTAMA 1
1,259 sqft · RM 560.00 PSF
Apr 2024
RM 678,000
LORONG SELAYANG UTAMA 11
1,270 sqft · RM 534.00 PSF
Jan 2024
1,950 sqft
1 units Double Storey Terraced
RM 950,000
LORONG SELAYANG UTAMA 10
1,970 sqft · RM 482.00 PSF
Sep 2024
2,300 sqft
1 units Double Storey Shop
RM 1,750,000
JALAN SELAYANG UTAMA
2,314 sqft · RM 756.00 PSF
Oct 2024