TAMAN SRI PERAK

TAMAN SRI PERAK in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 429.

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 300K, with most transactions falling within a stable range of RM 223K to RM 377K, and a typical market range of RM 245K to RM 355K.

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

The median PSF stands at RM 429, with core pricing between RM 363 and RM 495. Market pricing typically extends from RM 393.00 to RM 465.00, reflecting moderate variation in unit pricing. The spread of RM 72.00 (IQR) and deviation of RM 66 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.