Area Intelligence

TAMAN SRI PUTRA

3 properties
2024
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Median Price
RM 455,000
PSF: RM 264

Residential Market

Median Price

RM 455,000

IQR: RM 77
MAD: RM 39
RM 264 PSF 8.2%

PSF Trends (2021-2025)

TAMAN SRI PUTRA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 455K and a median price per square foot (PSF) of RM 264.

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 455K, with most transactions falling within a stable range of RM 273K to RM 560K, and a typical market range of RM 385K to RM 525K.

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

Price per square foot shows a median of RM 264, though individual units vary from RM 173 to RM 355 in the core range. The broader market spans RM 225.50 to RM 302.50, indicating diverse property characteristics. A wider spread (IQR: RM 77.00) and deviation (MAD: RM 91) 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 SRI PUTRA, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

800 sqft
1 units Town House
RM 132,000
783 sqft · RM 169.00 PSF
Jul 2024
1,450 sqft
1 units Double Storey Terraced
RM 560,000
LORONG SERI PUTERA 3
1,432 sqft · RM 391.00 PSF
May 2024
1,700 sqft
1 units Double Storey Terraced
RM 455,000
LORONG SERI PUTERA 1
1,722 sqft · RM 264.00 PSF
Jun 2024