TAMAN BENDERA

TAMAN BENDERA in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 168K and a median price per square foot (PSF) of RM 311.

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 168K, with most transactions falling within a stable range of RM 150K to RM 192K, and a typical market range of RM 150K to RM 187K.

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

The median PSF stands at RM 311, with core pricing between RM 266 and RM 356. Market pricing typically extends from RM 275.50 to RM 346.50, reflecting moderate variation in unit pricing. With an IQR of RM 71.00 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

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.