TAMAN KELISA EMAS (MK 1)

TAMAN KELISA EMAS (MK 1) in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 510K and a median price per square foot (PSF) of RM 302.

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 510K, with most transactions falling within a stable range of RM 330K to RM 600K, and a typical market range of RM 313K to RM 600K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 302, with core pricing between RM 245 and RM 359. Market pricing typically extends from RM 286.00 to RM 318.00, reflecting moderate variation in unit pricing. The spread of RM 32.00 (IQR) and deviation of RM 57 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.