TAMAN DESA IMPIAN 2 (FASA 2)

TAMAN DESA IMPIAN 2 (FASA 2) in Seberang Perai Tengah, Penang recorded 42 subsale transactions in 2024, with a median price of RM 922K and a median price per square foot (PSF) of RM 313.

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 922K, with most transactions falling within a stable range of RM 750K to RM 1.12 million, and a typical market range of RM 809K to RM 1.03 million.

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

The median PSF stands at RM 313, with core pricing between RM 255 and RM 371. Market pricing typically extends from RM 272.75 to RM 353.25, reflecting moderate variation in unit pricing. The spread of RM 80.50 (IQR) and deviation of RM 58 (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. Moderate transaction volume may require patience when buying or selling.