Penang, Seberang Perai Utara, Butterworth

TAMAN SING TAT

Area Intelligence

2022

Median Price

RM 460,000

PSF: RM 356

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Residential PSF Trends

Median Price

RM 460,000

PSF: RM 356

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 550K to RM 510K, and a typical market range of RM 550K to RM 502K.

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

The median PSF stands at RM 356, with core pricing between RM 292 and RM 419. Market pricing typically extends from RM 321.50 to RM 389.50, reflecting moderate variation in unit pricing. The spread of RM 68.00 (IQR) and deviation of RM 64 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN SING TAT, Seberang Perai Utara, Penang

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