Taman Vanila in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM615K and a median price per square foot (PSF) of RM524.

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 RM615K, with most transactions falling within a stable range of RM210K to RM1.02 million, and a typical market range of RM448K to RM782K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM524, though individual units vary from RM320 to RM729 in the core range. The broader market spans RM421.51 to RM627.26, indicating diverse property characteristics. A wider spread (IQR: RM205.75) and deviation (MAD: RM205) 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.