Penang, Seberang Perai Utara, Butterworth

TAMAN SUKARIA

Area Intelligence

2023

Median Price

RM 85,000

PSF: RM 124

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Residential PSF Trends

Median Price

RM 85,000

PSF: RM 124

TAMAN SUKARIA in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2023, with a median price of RM 85K and a median price per square foot (PSF) of RM 124.

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 85K, with most transactions falling within a stable range of RM 63K to RM 100K, and a typical market range of RM 61K to RM 100K.

Most transactions involved low-cost flat, though some variety exists in the market.

Price per square foot shows a median of RM 124, though individual units vary from RM 85 to RM 162 in the core range. The broader market spans RM 88.50 to RM 158.50, indicating diverse property characteristics. A wider spread (IQR: RM 70.00) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN SUKARIA, Seberang Perai Utara, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

600 sqft

Low-Cost Flat

600 sqft

Low-Cost Flat

RM 100,000

Level 1

614 sqft · RM 163 PSF

Sep 2023

RM 100,000

Level G

614 sqft · RM 163 PSF

Mar 2023

Level 1	RM 100,000	RM 163	614 sqft	Sep 2023
Level G	RM 100,000	RM 163	614 sqft	Mar 2023

700 sqft

Low-Cost Flat

700 sqft

Low-Cost Flat

RM 53,000

Level 4

689 sqft · RM 77 PSF

Dec 2023

RM 50,000

Level 4

689 sqft · RM 73 PSF

Apr 2023

RM 70,000

Level 3

689 sqft · RM 102 PSF

Mar 2023

RM 100,000

Level 2

689 sqft · RM 145 PSF

Jan 2023

Level 4	RM 53,000	RM 77	689 sqft	Dec 2023
Level 4	RM 50,000	RM 73	689 sqft	Apr 2023
Level 3	RM 70,000	RM 102	689 sqft	Mar 2023
Level 2	RM 100,000	RM 145	689 sqft	Jan 2023