TAMAN MAWAR

TAMAN MAWAR in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 608K and a median price per square foot (PSF) of RM 405.

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 608K, with most transactions falling within a stable range of RM 490K to RM 725K, and a typical market range of RM 516K to RM 699K.

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

For price per square foot, the median is RM 405, with most transactions between RM 383 and RM 426. The usual range is RM 341.13 to RM 467.88, showing that most units are priced quite close to each other. With an IQR of RM 126.75 and MAD of RM 22, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.