TAMAN PERDANA (CASA PERDANA)

TAMAN PERDANA (CASA PERDANA) in Seberang Perai Selatan, Penang recorded 14 subsale transactions in 2023, with a median price of RM 513K 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 513K, with most transactions falling within a stable range of RM 438K to RM 669K, and a typical market range of RM 438K to RM 673K.

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

The median PSF stands at RM 318, with core pricing between RM 264 and RM 372. Market pricing typically extends from RM 272.50 to RM 363.50, reflecting moderate variation in unit pricing. The spread of RM 91.00 (IQR) and deviation of RM 54 (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.