TAMAN SURIA VISTA

TAMAN SURIA VISTA in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 322K and a median price per square foot (PSF) of RM 457.

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 322K, with most transactions falling within a stable range of RM 320K to RM 472K, and a typical market range of RM 320K to RM 342K.

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

For price per square foot, the median is RM 457, with most transactions between RM 416 and RM 498. The usual range is RM 432.50 to RM 481.50, 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 41 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.