TAMAN MAS

Area Intelligence

2022

Median Price

RM 495,000

PSF: RM 186

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Residential PSF Trends

Median Price

RM 495,000

PSF: RM 186

TAMAN MAS in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 495K and a median price per square foot (PSF) of RM 186.

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 495K, with most transactions falling within a stable range of RM 398K to RM 593K, and a typical market range of RM 409K to RM 581K.

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

Price per square foot shows a median of RM 186, though individual units vary from RM 149 to RM 224 in the core range. The broader market spans RM 151.75 to RM 220.25, indicating diverse property characteristics. The spread of RM 68.50 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MAS, Seberang Perai Utara, Penang

OSM