TAMAN SERI IPIL

TAMAN SERI IPIL in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 434K and a median price per square foot (PSF) of RM 224.

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 434K, with most transactions falling within a stable range of RM 391K to RM 477K, and a typical market range of RM 399K to RM 469K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 224, with core pricing between RM 183 and RM 264. Market pricing typically extends from RM 205.75 to RM 241.25, reflecting moderate variation in unit pricing. The spread of RM 35.50 (IQR) and deviation of RM 40 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.