TAMAN PERDANA (CASA PERDANA)

TAMAN PERDANA (CASA PERDANA) in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2024, with a median price of RM 557K and a median price per square foot (PSF) of RM 374.

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 557K, with most transactions falling within a stable range of RM 463K to RM 650K, and a typical market range of RM 438K to RM 717K.

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

The median PSF stands at RM 374, with core pricing between RM 317 and RM 431. Market pricing typically extends from RM 328.50 to RM 419.50, reflecting moderate variation in unit pricing. The spread of RM 91.00 (IQR) and deviation of RM 57 (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.