TAMAN HONG in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 620K and a median price per square foot (PSF) of RM 191.
This area contains both residential and commercial properties. View 2 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 620K, with most transactions falling within a stable range of RM 540K to RM 700K, and a typical market range of RM 548K to RM 693K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 191, though individual units vary from RM 134 to RM 248 in the core range. The broader market spans RM 129.86 to RM 251.86, indicating diverse property characteristics. A wider spread (IQR: RM 122.00) and deviation (MAD: RM 57) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
