Area Intelligence

TAMAN SELESA (SPS)

1 properties
2023
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Median Price
RM 320,000
PSF: RM 119

Residential Market

Median Price

RM 320,000

IQR: RM 124
MAD: RM 60
RM 119 PSF 40.6%

PSF Trends (2021-2025)

TAMAN SELESA (SPS) in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 119.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 119, with most transactions between RM 119 and RM 119. The usual range is RM 56.88 to RM 181.13, showing that most units are priced quite close to each other. With an IQR of RM 124.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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

1 properties grouped by size

2,700 sqft
1 units Single Storey Terraced
RM 320,000
LORONG MURAI 5
2,680 sqft · RM 119.00 PSF
Oct 2023