TAMAN RIANG (SPU)

Area Intelligence
2024
Median Price
RM 1,051,000
PSF: RM 725

Residential PSF Trends

Median Price

RM 1,051,000

PSF: RM 725

TAMAN RIANG (SPU) in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2024, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 725.

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 1.05 million, with most transactions falling within a stable range of RM 1.04 million to RM 1.27 million, and a typical market range of RM 1.04 million to RM 1.26 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 725, with most transactions between RM 679 and RM 771. The usual range is RM 571.25 to RM 878.75, showing that most units are priced quite close to each other. With an IQR of RM 307.50 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN RIANG (SPU), Seberang Perai Utara, Penang

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Transactions

7 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 1,038,000
LORONG RIANG
1,378 sqft · RM 753 PSF
1,450 sqft
Double Storey Terraced
RM 1,051,000
LORONG RIANG
1,442 sqft · RM 729 PSF
RM 1,051,000
LORONG RIANG
1,442 sqft · RM 729 PSF
RM 1,051,000
LORONG RIANG
1,442 sqft · RM 729 PSF
1,650 sqft
Double Storey Terraced
RM 1,320,000
LENGKOK RIANG
1,636 sqft · RM 807 PSF
1,850 sqft
Double Storey Terraced
RM 1,183,000
LORONG RIANG
1,851 sqft · RM 639 PSF
2,350 sqft
Double Storey Semi-D
RM 1,693,000
JALAN RIANG
2,336 sqft · RM 725 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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