TAMAN ABIDIN

TAMAN ABIDIN in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 88K and a median price per square foot (PSF) of RM 155.

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 88K, with most transactions falling within a stable range of RM 55K to RM 120K, and a typical market range of RM 55K to RM 120K.

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

The median PSF stands at RM 155, with core pricing between RM 138 and RM 171. Market pricing typically extends from RM 127.38 to RM 181.63, reflecting moderate variation in unit pricing. With an IQR of RM 54.25 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.