TAMAN BERLIAN in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 225.
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 250K, with most transactions falling within a stable range of RM 200K to RM 300K, and a typical market range of RM 208K to RM 293K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 225, with core pricing between RM 183 and RM 268. Market pricing typically extends from RM 192.13 to RM 257.88, reflecting moderate variation in unit pricing. The spread of RM 65.75 (IQR) and deviation of RM 43 (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.
