TAMAN MAWAR

TAMAN MAWAR in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 670K and a median price per square foot (PSF) of RM 551.

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 670K, with most transactions falling within a stable range of RM 640K to RM 700K, and a typical market range of RM 640K to RM 700K.

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

For price per square foot, the median is RM 551, with most transactions between RM 526 and RM 576. The usual range is RM 487.63 to RM 614.38, showing that most units are priced quite close to each other. With an IQR of RM 126.75 and MAD of RM 25, 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.