TAMAN SERI SELAYANG

TAMAN SERI SELAYANG in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 830K and a median price per square foot (PSF) of RM 396.

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 830K, with most transactions falling within a stable range of RM 575K to RM 1.09 million, and a typical market range of RM 693K to RM 968K.

Most transactions involved 1 - 1 1/2 storey shop1 - 1 1/2, though some variety exists in the market.

Price per square foot shows a median of RM 396, though individual units vary from RM 302 to RM 490 in the core range. The broader market spans RM 311.50 to RM 480.50, indicating diverse property characteristics. The spread of RM 169.00 (IQR) and deviation of RM 94 (MAD) suggest moderate price variations reflecting different property features.

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.