TAMAN MUHIBAH INDAH

TAMAN MUHIBAH INDAH in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM 120K and a median price per square foot (PSF) of RM 240.

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 120K, with most transactions falling within a stable range of RM 105K to RM 135K, and a typical market range of RM 105K to RM 135K.

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

The median PSF stands at RM 240, with core pricing between RM 210 and RM 270. Market pricing typically extends from RM 210.00 to RM 270.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 30, 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. 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.