Penang
Barat Daya
12
TAMAN MUHIBAH INDAH

TAMAN MUHIBAH INDAH

Area Intelligence

2023

Median Price

RM 94,500

PSF: RM 189

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 94,500

PSF: RM 189

TAMAN MUHIBAH INDAH in Barat Daya, Penang recorded 6 subsale transactions in 2023, with a median price of RM 95K and a median price per square foot (PSF) of RM 189.

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 95K, with most transactions falling within a stable range of RM 79K to RM 110K, and a typical market range of RM 80K to RM 110K.

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

The median PSF stands at RM 189, with core pricing between RM 157 and RM 221. Market pricing typically extends from RM 159.00 to RM 219.00, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 32 (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.

Loading map...

TAMAN MUHIBAH INDAH, Barat Daya, Penang

OSM

Track location

Transactions

6 transactions grouped by size

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

Road	Price	Land PSF	Land	Date	Type

500 sqft

Low-Cost Flat

500 sqft

Low-Cost Flat

RM 73,000

Level 4

501 sqft · RM 146 PSF

Oct 2023

RM 110,000

Level 2

501 sqft · RM 220 PSF

Jul 2023

RM 115,000

Level 4

501 sqft · RM 230 PSF

Jun 2023

RM 95,000

Level 5

501 sqft · RM 190 PSF

Jun 2023

RM 94,000

Level 3

501 sqft · RM 188 PSF

Apr 2023

RM 75,000

Level 5

501 sqft · RM 150 PSF

Apr 2023

Level 4	RM 73,000	RM 146	501 sqft	Oct 2023
Level 2	RM 110,000	RM 220	501 sqft	Jul 2023
Level 4	RM 115,000	RM 230	501 sqft	Jun 2023
Level 5	RM 95,000	RM 190	501 sqft	Jun 2023
Level 3	RM 94,000	RM 188	501 sqft	Apr 2023
Level 5	RM 75,000	RM 150	501 sqft	Apr 2023