TAMAN RIANG (SPU)

Area Intelligence
2022
Median Price
RM 918,000
PSF: RM 686

Residential PSF Trends

Median Price

RM 918,000

PSF: RM 686

TAMAN RIANG (SPU) in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2022, with a median price of RM 918K and a median price per square foot (PSF) of RM 686.

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 918K, with most transactions falling within a stable range of RM 627K to RM 1.21 million, and a typical market range of RM 705K to RM 1.13 million.

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

Price per square foot shows a median of RM 686, though individual units vary from RM 533 to RM 839 in the core range. The broader market spans RM 532.25 to RM 839.75, indicating diverse property characteristics. The spread of RM 307.50 (IQR) and deviation of RM 153 (MAD) suggest moderate price variations reflecting different property features.

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

9 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 978,000
LORONG RIANG
1,335 sqft · RM 733 PSF
RM 550,000
SOLOK RIANG
1,335 sqft · RM 412 PSF
RM 490,000
SOLOK RIANG
1,335 sqft · RM 367 PSF
RM 938,000
LORONG RIANG
1,367 sqft · RM 686 PSF
RM 918,000
LORONG RIANG
1,335 sqft · RM 688 PSF
1,400 sqft
Double Storey Terraced
RM 630,000
TKT RIANG
1,399 sqft · RM 450 PSF
RM 800,000
SOLOK RIANG
1,399 sqft · RM 572 PSF
1,650 sqft
Double Storey Terraced
RM 1,300,000
LORONG RIANG
1,668 sqft · RM 779 PSF
1,750 sqft
Double Storey Terraced
RM 1,370,000
LORONG RIANG
1,744 sqft · RM 786 PSF

No Properties For Sale

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

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