TAMAN SING TAT

TAMAN SING TAT in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2022, with a median price of RM 460K and a median price per square foot (PSF) of RM 356.

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 460K, with most transactions falling within a stable range of RM 411K to RM 510K, and a typical market range of RM 418K to RM 502K.

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

For price per square foot, the median is RM 356, with most transactions between RM 323 and RM 388. The usual range is RM 321.50 to RM 389.50, showing that most units are priced quite close to each other. With an IQR of RM 68.00 and MAD of RM 33, 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.