TAMAN BENDERA

TAMAN BENDERA in Timur Laut, Penang recorded 12 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 343.

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 185K, with most transactions falling within a stable range of RM 156K to RM 213K, and a typical market range of RM 165K to RM 204K.

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

The median PSF stands at RM 343, with core pricing between RM 290 and RM 395. Market pricing typically extends from RM 307.00 to RM 378.00, reflecting moderate variation in unit pricing. The spread of RM 71.00 (IQR) and deviation of RM 52 (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.