TAMAN CANTIK in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 644K and a median price per square foot (PSF) of RM 443.
This area contains both residential and commercial properties. View 4 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 644K, with most transactions falling within a stable range of RM 486K to RM 802K, and a typical market range of RM 542K to RM 747K.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 443, with core pricing between RM 397 and RM 489. Market pricing typically extends from RM 399.50 to RM 485.50, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 46, 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.
