Area Intelligence

TAMAN SINAR (SPS)

5 properties
Single Storey Terraced
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Median Price
RM 300,000
PSF: RM 195

Residential Market

Median Price

RM 300,000

IQR: RM 88
MAD: RM 49
RM 195 PSF 4.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SINAR (SPS) in Seberang Perai Selatan, Penang recorded 5 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 195.

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 300K, with most transactions falling within a stable range of RM 260K to RM 369K, and a typical market range of RM 260K to RM 363K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 195, though individual units vary from RM 150 to RM 240 in the core range. The broader market spans RM 151.00 to RM 239.00, indicating diverse property characteristics. The spread of RM 88.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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 SINAR (SPS), Seberang Perai Selatan, Penang

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Transactions

5 properties grouped by size

1,300 sqft
2 units Single Storey Terraced
RM 290,000
LORONG SINAR 10
1,324 sqft · RM 219.00 PSF
Jun 2023
RM 260,000
LORONG SINAR 10
1,324 sqft · RM 196.00 PSF
Nov 2021
1,550 sqft
1 units Single Storey Terraced
RM 300,000
JALAN SINAR 1
1,539 sqft · RM 195.00 PSF
Aug 2024
3,000 sqft
1 units Single Storey Terraced
RM 440,000
LORONG SINAR 10
3,003 sqft · RM 147.00 PSF
Jun 2024
4,300 sqft
1 units Single Storey Terraced
RM 400,000
LORONG SINAR 14
4,295 sqft · RM 93.00 PSF
Jun 2024