TAMAN KERAPU

TAMAN KERAPU in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 229.

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 350K, with most transactions falling within a stable range of RM 300K to RM 405K, and a typical market range of RM 323K to RM 378K.

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

The median PSF stands at RM 229, with core pricing between RM 192 and RM 266. Market pricing typically extends from RM 205.00 to RM 253.00, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 37 (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.