TAMAN ECO MEADOW

TAMAN ECO MEADOW in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2023, with a median price of RM 710K and a median price per square foot (PSF) of RM 493.

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 710K, with most transactions falling within a stable range of RM 653K to RM 767K, and a typical market range of RM 650K to RM 783K.

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

The median PSF stands at RM 493, with core pricing between RM 413 and RM 573. Market pricing typically extends from RM 435.50 to RM 550.50, reflecting moderate variation in unit pricing. The spread of RM 115.00 (IQR) and deviation of RM 80 (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.