Taman Vanila in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM625K and a median price per square foot (PSF) of RM447.

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 RM625K, with most transactions falling within a stable range of RM407K to RM640K, and a typical market range of RM458K to RM640K.

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

The median PSF stands at RM447, with core pricing between RM358 and RM536. Market pricing typically extends from RM343.78 to RM549.53, reflecting moderate variation in unit pricing. The spread of RM205.75 (IQR) and deviation of RM89 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.