Area Intelligence

TAMAN MAS

2 properties
2023
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Median Price
RM 440,000
PSF: RM 216

Residential Market

Median Price

RM 320,000

RM 80 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 560,000

RM 352 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MAS in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 440K and a median price per square foot (PSF) of RM 216.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 320K to RM 560K, and a typical market range of RM 380K to RM 500K.

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

Price per square foot shows a median of RM 216, though individual units vary from RM 80 to RM 352 in the core range. The broader market spans RM 148.00 to RM 284.00, indicating diverse property characteristics. A wider spread (IQR: RM 136.00) and deviation (MAD: RM 136) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN MAS, Seberang Perai Selatan, Penang

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Transactions

2 properties grouped by size

1,600 sqft
1 units Double Storey Shop
RM 560,000
JLN BESAR SIMPANG AMPAT
1,593 sqft · RM 352.00 PSF
Dec 2023
4,000 sqft
1 units Single Storey Semi-D
RM 320,000
SOLOK NURI 1
4,001 sqft · RM 80.00 PSF
Nov 2023