TAMAN LOTUS

TAMAN LOTUS in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 445K and a median price per square foot (PSF) of RM 255.

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 445K, with most transactions falling within a stable range of RM 360K to RM 530K, and a typical market range of RM 403K to RM 488K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 255, with core pricing between RM 206 and RM 304. Market pricing typically extends from RM 230.50 to RM 279.50, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 49 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.