Area Intelligence

TAMAN SELESA (SPS)

4 properties
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Median Price
RM 405,000
PSF: RM 193

Residential Market

Median Price

RM 405,000

IQR: RM 124
MAD: RM 60
RM 193 PSF 40.6%

PSF Trends (2021-2025)

TAMAN SELESA (SPS) in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 405K and a median price per square foot (PSF) of RM 193.

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 405K, with most transactions falling within a stable range of RM 265K to RM 545K, and a typical market range of RM 292K to RM 519K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 193, though individual units vary from RM 133 to RM 252 in the core range. The broader market spans RM 130.38 to RM 254.63, indicating diverse property characteristics. A wider spread (IQR: RM 124.25) and deviation (MAD: RM 60) 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.

Area Location

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TAMAN SELESA (SPS), Seberang Perai Selatan, Penang

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Transactions

4 properties found

Double Storey Terraced LORONG MURAI 3
RM 490,000
1,430 sqft Oct 2024
RM 343.00 PSF
Double Storey Semi-D TKT MURAI 2
RM 608,000
2,560 sqft Jul 2024
RM 238.00 PSF
Single Storey Terraced LORONG MURAI 5
RM 320,000
2,680 sqft Oct 2023
RM 119.00 PSF
Single Storey Terraced JALAN MURAI 1
RM 210,000
1,431 sqft Mar 2022
RM 147.00 PSF