TAMAN DAVID CHEN

TAMAN DAVID CHEN in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 280.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 280, with core pricing between RM 252 and RM 308. Market pricing typically extends from RM 247.50 to RM 312.50, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

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.