Area Intelligence

TAMAN PAYA KELADI

2 properties
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Median Price
RM 510,000
PSF: RM 288

Residential Market

Median Price

RM 510,000

IQR: RM 23
MAD: RM 23
RM 288 PSF 14.5%

PSF Trends (2021-2025)

TAMAN PAYA KELADI in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 510K and a median price per square foot (PSF) of RM 288.

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 370K to RM 650K, and a typical market range of RM 440K to RM 580K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 288, with most transactions between RM 265 and RM 310. The usual range is RM 276.25 to RM 298.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.50 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.

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.

Area Location

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TAMAN PAYA KELADI, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 370,000
LORONG KELADI 3
1,195 sqft · RM 310.00 PSF
Aug 2023
2,450 sqft
1 units Double Storey Terraced
RM 650,000
LRG PAYA KELADI 4
2,454 sqft · RM 265.00 PSF
Jan 2024