TAMAN SRI PERAK

TAMAN SRI PERAK in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 445.

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 270K, with most transactions falling within a stable range of RM 218K to RM 323K, and a typical market range of RM 221K to RM 319K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 445, with core pricing between RM 397 and RM 494. Market pricing typically extends from RM 409.00 to RM 481.00, reflecting moderate variation in unit pricing. With an IQR of RM 72.00 and MAD of RM 49, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.