TAMAN SUKARIA in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2022, with a median price of RM 90K and a median price per square foot (PSF) of RM 156.
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 90K, with most transactions falling within a stable range of RM 415K to RM 111K, and a typical market range of RM 415K to RM 114K.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 156, with most transactions between RM 141 and RM 171. The usual range is RM 121.00 to RM 191.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
