TAMAN SURIA VISTA

TAMAN SURIA VISTA in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 327K and a median price per square foot (PSF) of RM 450.

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 327K, with most transactions falling within a stable range of RM 283K to RM 461K, and a typical market range of RM 307K to RM 347K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 450, with most transactions between RM 421 and RM 479. The usual range is RM 425.50 to RM 474.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 29 indicate a highly stable PSF trend across properties.

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.