Area Intelligence

TAMAN PERKASA JAYA

2 properties
2023
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Median Price
RM 1,450,000
PSF: RM 355

Residential Market

Median Price

RM 1,450,000

IQR: RM 99
MAD: RM 39
RM 355 PSF 49.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PERKASA JAYA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 355.

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 1.45 million, with most transactions falling within a stable range of RM 1.30 million to RM 1.60 million, and a typical market range of RM 1.35 million to RM 1.55 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 355, though individual units vary from RM 276 to RM 434 in the core range. The broader market spans RM 305.75 to RM 404.25, indicating diverse property characteristics. The spread of RM 98.50 (IQR) and deviation of RM 79 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PERKASA JAYA, Seberang Perai Utara, Penang

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Transactions

2 properties found

Double Storey Semi-D LORONG PERKASA JAYA
RM 1,300,000
2,992 sqft May 2023
RM 434.00 PSF
Detached LORONG PERKASA JAYA
RM 1,600,000
5,791 sqft Mar 2023
RM 276.00 PSF