TMN GAMELAN RIA

TMN GAMELAN RIA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 334K and a median price per square foot (PSF) of RM 256.

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 334K, with most transactions falling within a stable range of RM 248K to RM 420K, and a typical market range of RM 279K to RM 389K.

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

Price per square foot shows a median of RM 256, though individual units vary from RM 190 to RM 322 in the core range. The broader market spans RM 236.13 to RM 275.88, indicating diverse property characteristics. A wider spread (IQR: RM 39.75) and deviation (MAD: RM 66) indicate significant PSF variations, likely due to diverse property types or conditions.

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.