Penang
Barat Daya
10
IDAMAN BOUGAINVILLEA INDAH

IDAMAN BOUGAINVILLEA INDAH

Area Intelligence

2022

Median Price

RM 1,375,000

PSF: RM 502

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Residential PSF Trends

Median Price

RM 1,375,000

PSF: RM 502

IDAMAN BOUGAINVILLEA INDAH in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM 1.38 million and a median price per square foot (PSF) of RM 502.

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 1.38 million, with most transactions falling within a stable range of RM 1.35 million to RM 1.40 million, and a typical market range of RM 1.35 million to RM 1.42 million.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM 502, with most transactions between RM 491 and RM 512. The usual range is RM 492.25 to RM 510.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.50 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

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.

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IDAMAN BOUGAINVILLEA INDAH, Barat Daya, Penang

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