TAMAN TELUK BAHANG INDAH

Area Intelligence
2023
Median Price
RM 233,000
PSF: RM 323

Residential PSF Trends

Median Price

RM 233,000

PSF: RM 323

TAMAN TELUK BAHANG INDAH in Barat Daya, Penang recorded 1 subsale transactions in 2023, with a median price of RM 233K and a median price per square foot (PSF) of RM 323.

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 233K, with most transactions falling within a stable range of RM 168K to RM 298K, and a typical market range of RM 178K to RM 288K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 323, though individual units vary from RM 246 to RM 401 in the core range. The broader market spans RM 245.63 to RM 400.38, indicating diverse property characteristics. The spread of RM 154.75 (IQR) and deviation of RM 78 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TELUK BAHANG INDAH, Barat Daya, Penang

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