Penang, Seberang Perai Utara, Butterworth

TAMAN SING TAT

Area Intelligence

2023

Median Price

RM 470,000

PSF: RM 362

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Residential PSF Trends

Median Price

RM 470,000

PSF: RM 362

TAMAN SING TAT in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 470K and a median price per square foot (PSF) of RM 362.

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 470K, with most transactions falling within a stable range of RM 590K to RM 515K, and a typical market range of RM 590K to RM 512K.

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

Price per square foot shows a median of RM 362, though individual units vary from RM 273 to RM 451 in the core range. The broader market spans RM 328.00 to RM 396.00, indicating diverse property characteristics. The spread of RM 68.00 (IQR) and deviation of RM 89 (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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