TAMAN MUHIBAH INDAH

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.