TAMAN PERDANA (CASA PERDANA)

TAMAN PERDANA (CASA PERDANA) in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2022, with a median price of RM 538K and a median price per square foot (PSF) of RM 278.

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 538K, with most transactions falling within a stable range of RM 438K to RM 677K, and a typical market range of RM 438K to RM 698K.

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

The median PSF stands at RM 278, with core pricing between RM 223 and RM 333. Market pricing typically extends from RM 232.50 to RM 323.50, reflecting moderate variation in unit pricing. The spread of RM 91.00 (IQR) and deviation of RM 55 (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.