TAMAN LOTUS

TAMAN LOTUS in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 615K and a median price per square foot (PSF) of RM 353.

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 615K, with most transactions falling within a stable range of RM 530K to RM 700K, and a typical market range of RM 573K to RM 658K.

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

The median PSF stands at RM 353, with core pricing between RM 304 and RM 402. Market pricing typically extends from RM 328.50 to RM 377.50, reflecting moderate variation in unit pricing. With an IQR of RM 49.00 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

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.