TAMAN EVERGREEN Property Investment Analysis

TAMAN EVERGREEN in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 643.

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 450K, with most transactions falling within a stable range of RM 430K to RM 470K, and a typical market range of RM 438K to RM 463K.

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

For price per square foot, the median is RM 643, with most transactions between RM 614 and RM 672. The usual range is RM 625.00 to RM 661.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.00 and an average deviation (MAD) of RM 29 indicate a highly stable PSF trend across properties.

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.