TAMAN IPIL PERMATA

TAMAN IPIL PERMATA in Seberang Perai Selatan, Penang recorded 26 subsale transactions in 2023, with a median price of RM 402K and a median price per square foot (PSF) of RM 318.

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 402K, with most transactions falling within a stable range of RM 385K to RM 446K, and a typical market range of RM 385K to RM 436K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 318, with core pricing between RM 265 and RM 371. Market pricing typically extends from RM 266.75 to RM 369.25, reflecting moderate variation in unit pricing. The spread of RM 102.50 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.