TAMAN SERI DESA

TAMAN SERI DESA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 146.

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 160K, with most transactions falling within a stable range of RM 146K to RM 174K, and a typical market range of RM 140K to RM 175K.

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

For price per square foot, the median is RM 146, with most transactions between RM 133 and RM 159. The usual range is RM 103.00 to RM 189.00, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 13, 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.