TAMAN I & P in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 529K and a median price per square foot (PSF) of RM 400.
This area contains both residential and commercial properties. View 7 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 529K, with most transactions falling within a stable range of RM 440K to RM 618K, and a typical market range of RM 238K to RM 820K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 400, with most transactions between RM 370 and RM 430. The usual range is RM 372.88 to RM 426.13, showing that most units are priced quite close to each other. With an IQR of RM 53.25 and MAD of RM 30, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
