Taman Muhibah Indah
Taman Muhibbah, 11960 Batu Maung, Pulau Pinang, Malaysia
Taman Muhibbah, 11960 Batu Maung, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 1
|
RM 110,000
|
RM 220
|
501 sqft
|
|
LC Flat |
| 2024 | |||||
|
Level 3
|
RM 120,000
|
RM 240
|
501 sqft
|
|
LC Flat |
|
Level 5
|
RM 90,000
|
RM 180
|
501 sqft
|
|
LC Flat |
|
Level 3
|
RM 150,000
|
RM 300
|
501 sqft
|
|
LC Flat |
|
Level 5
|
RM 120,000
|
RM 240
|
501 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 4
|
RM 73,000
|
RM 146
|
501 sqft
|
|
LC Flat |
|
Level 2
|
RM 110,000
|
RM 220
|
501 sqft
|
|
LC Flat |
|
Level 4
|
RM 115,000
|
RM 230
|
501 sqft
|
|
LC Flat |
|
Level 5
|
RM 95,000
|
RM 190
|
501 sqft
|
|
LC Flat |
|
Level 5
|
RM 75,000
|
RM 150
|
501 sqft
|
|
LC Flat |
|
Level 3
|
RM 94,000
|
RM 188
|
501 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 5
|
RM 63,000
|
RM 126
|
501 sqft
|
|
LC Flat |
|
Level 2
|
RM 80,000
|
RM 160
|
501 sqft
|
|
LC Flat |
|
Level 3
|
RM 80,000
|
RM 160
|
501 sqft
|
|
LC Flat |
|
Level 5
|
RM 75,000
|
RM 150
|
501 sqft
|
|
LC Flat |
|
Level 5
|
RM 83,000
|
RM 166
|
501 sqft
|
|
LC Flat |
|
Level G
|
RM 80,000
|
RM 160
|
501 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 90,000
RM 180 psfMedian transaction price
Taman Muhibbah, 11960 Batu Maung, Pulau Pinang, Malaysia
MapsTaman Muhibah Indah in Barat Daya, Penang recorded 17 subsale transactions between 2021 and 2026, sized between 475 and 524 sqft, with a median price of RM 90K and a median price per square foot (PSF) of RM 180.
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 90K, with most transactions falling within a stable range of RM 68K to RM 112K, and a typical market range of RM 75K to RM 105K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 180, though individual units vary from RM 136 to RM 224 in the core range. The broader market spans RM 149.81 to RM 209.81, indicating diverse property characteristics. The spread of RM 60.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.
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.