TAMAN SUNSHINE

Area Intelligence
2022
Median Price
RM 450,000
PSF: RM 324

Residential PSF Trends

Median Price

RM 425,000

PSF: RM 302

Commercial PSF Trends

Median Price

RM 725,000

RM 517 PSF

TAMAN SUNSHINE in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 324.

This area contains both residential and commercial properties. View 6 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 368K to RM 533K, and a typical market range of RM 360K to RM 540K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 324, with core pricing between RM 282 and RM 366. Market pricing typically extends from RM 272.38 to RM 375.63, reflecting moderate variation in unit pricing. With an IQR of RM 103.25 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

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 SUNSHINE, Seberang Perai Utara, Penang

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