Penang, Seberang Perai Utara, Butterworth

TAMAN SING TAT

Area Intelligence

2021

Median Price

RM 600,000

PSF: RM 324

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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 324

TAMAN SING TAT in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 600K and a median price per square foot (PSF) of RM 324.

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 600K, with most transactions falling within a stable range of RM 500K to RM 700K, and a typical market range of RM 558K to RM 642K.

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

The median PSF stands at RM 324, with core pricing between RM 263 and RM 385. Market pricing typically extends from RM 290.00 to RM 358.00, reflecting moderate variation in unit pricing. The spread of RM 68.00 (IQR) and deviation of RM 61 (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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