Taman Riang (Spu)

Taman Riang (Spu) in Seberang Perai Utara, Penang recorded 3 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 440K and a median price per square foot (PSF) of RM 228.

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 440K, with most transactions falling within a stable range of RM 360K to RM 570K, and a typical market range of RM 360K to RM 653K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 228, though individual units vary from RM 143 to RM 314 in the core range. The broader market spans RM 74.70 to RM 382.20, indicating diverse property characteristics. A wider spread (IQR: RM 307.50) and deviation (MAD: RM 86) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.