TAMAN PERKASA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 650K and a median price per square foot (PSF) of RM 499.
This area contains both residential and commercial properties. View 14 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 650K, with most transactions falling within a stable range of RM 450K to RM 850K, and a typical market range of RM 510K to RM 790K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 499, with core pricing between RM 403 and RM 595. Market pricing typically extends from RM 398.00 to RM 600.00, reflecting moderate variation in unit pricing. The spread of RM 202.00 (IQR) and deviation of RM 96 (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.
