Area Intelligence

TAMAN SAWANG

2 properties
2023
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Median Price
RM 280,000
PSF: RM 394

Residential Market

Median Price

RM 280,000

IQR: RM 37
MAD: RM 19
RM 394 PSF 3.5%

PSF Trends (2021-2025)

TAMAN SAWANG in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 394.

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 280K, with most transactions falling within a stable range of RM 250K to RM 310K, and a typical market range of RM 266K to RM 294K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 394, with core pricing between RM 352 and RM 436. Market pricing typically extends from RM 375.38 to RM 412.63, reflecting moderate variation in unit pricing. With an IQR of RM 37.25 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SAWANG, Timur Laut, Penang

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Transactions

2 properties found

Flat
RM 310,000
710 sqft Oct 2023
RM 436.00 PSF
Flat
RM 250,000
710 sqft Sep 2023
RM 352.00 PSF