TAMAN ABIDIN

TAMAN ABIDIN in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 145K and a median price per square foot (PSF) of RM 218.

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 145K, with most transactions falling within a stable range of RM 114K to RM 160K, and a typical market range of RM 113K to RM 160K.

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

For price per square foot, the median is RM 218, with most transactions between RM 209 and RM 227. The usual range is RM 190.88 to RM 245.13, showing that most units are priced quite close to each other. With an IQR of RM 54.25 and MAD of RM 9, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.