| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Sungai Batu 6
|
RM 620,000
|
RM 406
|
1,528 sqft
|
|
|
|
Lorong Sungai Batu 5
|
RM 740,000
|
RM 484
|
1,528 sqft
|
|
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Market Snapshot
ResidentialRM 620,000
RM 406 psfMedian transaction price
Southwest District, Penang, Malaysia
MapsTaman Bukit Indah in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 620K and a median price per square foot (PSF) of RM 406.
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 620K, with most transactions falling within a stable range of RM 402K to RM 740K, and a typical market range of RM 504K to RM 736K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 406, with core pricing between RM 349 and RM 463. Market pricing typically extends from RM 301.63 to RM 509.63, reflecting moderate variation in unit pricing. With an IQR of RM 208.00 and MAD of RM 57, the PSF demonstrates reasonable consistency across the market.
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.