TAMAN RIANG (SPU)

Area Intelligence
2023
Median Price
RM 788,000
PSF: RM 440

Residential PSF Trends

Median Price

RM 788,000

PSF: RM 440

TAMAN RIANG (SPU) in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 788K and a median price per square foot (PSF) of RM 440.

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 788K, with most transactions falling within a stable range of RM 437K to RM 1.14 million, and a typical market range of RM 575K to RM 1.00 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 440, though individual units vary from RM 273 to RM 607 in the core range. The broader market spans RM 286.25 to RM 593.75, indicating diverse property characteristics. A wider spread (IQR: RM 307.50) and deviation (MAD: RM 167) 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. 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

1,200 sqft
Double Storey Terraced
RM 460,000
PERSIARAN RIANG
1,200 sqft · RM 383 PSF
1,350 sqft
Double Storey Terraced
RM 978,000
LORONG RIANG
1,335 sqft · RM 733 PSF
1,400 sqft
Double Storey Terraced
RM 788,000
SOLOK RIANG
1,389 sqft · RM 568 PSF
RM 615,000
TINGKAT RIANG
1,399 sqft · RM 440 PSF
RM 1,038,000
LORONG RIANG
1,378 sqft · RM 753 PSF
RM 620,000
TKT RIANG
1,410 sqft · RM 440 PSF
1,650 sqft
Single Storey Terraced
RM 360,000
JALAN KPG PAYA
1,652 sqft · RM 218 PSF
3,250 sqft
Double Storey Semi-D
RM 1,400,000
LORONG RIANG
3,250 sqft · RM 431 PSF
4,050 sqft
Double Storey Semi-D
RM 1,350,000
JALAN KAMPUNG GAJAH
4,047 sqft · RM 334 PSF

No Properties For Sale

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

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