TAMAN ECO MEADOW

TAMAN ECO MEADOW in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2022, with a median price of RM 745K and a median price per square foot (PSF) of RM 465.

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 745K, with most transactions falling within a stable range of RM 647K to RM 843K, and a typical market range of RM 673K to RM 818K.

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

The median PSF stands at RM 465, with core pricing between RM 394 and RM 536. Market pricing typically extends from RM 407.50 to RM 522.50, reflecting moderate variation in unit pricing. The spread of RM 115.00 (IQR) and deviation of RM 71 (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. Limited transaction history suggests carefully evaluating comparable sales data.