TAMAN KERAPU in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 385K and a median price per square foot (PSF) of RM 185.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 385K, with most transactions falling within a stable range of RM 345K to RM 425K, and a typical market range of RM 349K to RM 421K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 185, with core pricing between RM 156 and RM 213. Market pricing typically extends from RM 158.25 to RM 210.75, reflecting moderate variation in unit pricing. The spread of RM 52.50 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.
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.
