TAMAN CAMELLIA

TAMAN CAMELLIA in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 395.

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 425K, with most transactions falling within a stable range of RM 380K to RM 470K, and a typical market range of RM 380K to RM 520K.

Most transactions involved cluster house, though some variety exists in the market.

The median PSF stands at RM 395, with core pricing between RM 336 and RM 454. Market pricing typically extends from RM 335.25 to RM 454.75, reflecting moderate variation in unit pricing. With an IQR of RM 119.50 and MAD of RM 59, the PSF demonstrates reasonable consistency across the market.

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.