Penang
Barat Daya
12
TAMAN MUHIBAH INDAH

TAMAN MUHIBAH INDAH

Area Intelligence

2022

Median Price

RM 80,000

PSF: RM 160

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Residential PSF Trends

Median Price

RM 80,000

PSF: RM 160

TAMAN MUHIBAH INDAH in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM 80K and a median price per square foot (PSF) of RM 160.

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 80K, with most transactions falling within a stable range of RM 73K to RM 83K, and a typical market range of RM 65K to RM 83K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 160, with most transactions between RM 147 and RM 173. The usual range is RM 130.00 to RM 190.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN MUHIBAH INDAH, Barat Daya, Penang

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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 63,000

Level 5

501 sqft • RM 126.00 PSF

Dec 2022

RM 80,000

Level 2

501 sqft • RM 160.00 PSF

Nov 2022

RM 80,000

Level 3

501 sqft • RM 160.00 PSF

Oct 2022

RM 75,000

Level 5

501 sqft • RM 150.00 PSF

Sep 2022

RM 83,000

Level 5

501 sqft • RM 166.00 PSF

Jun 2022

RM 80,000

Level G

501 sqft • RM 160.00 PSF

Jun 2022

Road	Price	Land PSF	Land	Date	Type
Level 5	RM 63,000	RM 126.00	501 sqft	Dec 2022	Low-Cost Flat
Level 2	RM 80,000	RM 160.00	501 sqft	Nov 2022	Low-Cost Flat
Level 3	RM 80,000	RM 160.00	501 sqft	Oct 2022	Low-Cost Flat
Level 5	RM 75,000	RM 150.00	501 sqft	Sep 2022	Low-Cost Flat
Level 5	RM 83,000	RM 166.00	501 sqft	Jun 2022	Low-Cost Flat
Level G	RM 80,000	RM 160.00	501 sqft	Jun 2022	Low-Cost Flat