TAMAN SENTRAL

TAMAN SENTRAL in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 524.

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 1.15 million, with most transactions falling within a stable range of RM 731K to RM 1.37 million, and a typical market range of RM 710K to RM 1.37 million.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 524, with most transactions between RM 489 and RM 559. The usual range is RM 494.75 to RM 553.25, showing that most units are priced quite close to each other. With an IQR of RM 58.50 and MAD of RM 35, 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.