TAMAN SERI DESA

TAMAN SERI DESA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 137.

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 150K, with most transactions falling within a stable range of RM 150K to RM 155K, and a typical market range of RM 150K to RM 160K.

Most transactions involved low-cost house, with minimal variety in property types.

For price per square foot, the median is RM 137, with most transactions between RM 133 and RM 141. The usual range is RM 94.00 to RM 180.00, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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.