TAMAN ABIDIN

TAMAN ABIDIN in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 85K and a median price per square foot (PSF) of RM 195.

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 85K, with most transactions falling within a stable range of RM 60K to RM 120K, and a typical market range of RM 60K to RM 117K.

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

The median PSF stands at RM 195, with core pricing between RM 156 and RM 233. Market pricing typically extends from RM 167.38 to RM 221.63, reflecting moderate variation in unit pricing. The spread of RM 54.25 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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.