TAMAN SINAR (SPS)

TAMAN SINAR (SPS) in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 259.

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 375K, with most transactions falling within a stable range of RM 290K to RM 460K, and a typical market range of RM 313K to RM 438K.

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

The median PSF stands at RM 259, with core pricing between RM 219 and RM 299. Market pricing typically extends from RM 215.00 to RM 303.00, reflecting moderate variation in unit pricing. The spread of RM 88.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

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.