BandingHouse

Taman Selamat

Seberang Perai Tengah, Penang · Terraced house · Freehold

Homes in Taman Selamat have sold for a median of

RM400,000

RM303 psf on the recorded floor area

RM372,500median RM400,000RM477,500

Half of the 30 recorded sales fell between RM372,500 and RM477,500. One in ten went under RM347,000, one in ten over RM509,500. Sales run from 15 November 2021 to 19 November 2025.

Up 3% from a RM380,000 median in 2022 to RM390,000 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What terraced house sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as terraced house under a Freehold title. Landed homes here are usually compared by whole-house price rather than psf alone; title type still matters when you sell or borrow — strata vs individual title.

Year by year

YearMedian soldPer sq ftSales
2021RM440,000RM270 psf4
2022RM380,000RM294 psf13
2023RM480,000RM353 psf6
2024RM390,000RM353 psf5
2025RM425,000RM387 psf2

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other terraced house schemes in Seberang Perai Tengah with enough recorded sales, cheapest first. By median sold price, Taman Selamat sits 21 of 49 in that set.

Against Penang

Across Penang, the median recorded sale for terraced house is RM409,600 (RM373 psf), from 3,162 sales. Taman Selamat’s own median is RM400,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM400,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM40,000
  • Transfer duty (MOT): RM7,000
  • Loan duty (0.5%): RM1,800
  • Total cash: RM48,800
  • Qualifying first home: RM40,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,594
  • Total monthly: RM1,594

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Taman Selamat sold for?
A median of RM400,000 (RM303 psf), from 30 land-office transactions between 15 November 2021 and 19 November 2025.
What is a typical band here?
Half of recorded sales fell between RM372,500 and RM477,500. One in ten went under RM347,000; one in ten over RM509,500.
Has the median moved?
From RM380,000 in 2022 to RM390,000 in 2024 (+3%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.