Penang
Barat Daya
12
TAMAN SRI INDAH - BATUMAUNG

TAMAN SRI INDAH - BATUMAUNG

Area Intelligence

2023

Median Price

RM 600,000

PSF: RM 419

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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 419

TAMAN SRI INDAH - BATUMAUNG in Barat Daya, Penang recorded 1 subsale transactions in 2023, sized between 1,000 and 3,000 sqft, with a median price of RM 600K and a median price per square foot (PSF) of RM 419.

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 600K, with most transactions falling within a stable range of RM 600K to RM 990K, and a typical market range of RM 600K to RM 655K.

Most transactions involved flats, with moderate diversity in property types available.

Price per square foot shows a median of RM 419, though individual units vary from RM 335 to RM 503 in the core range. The broader market spans RM 315.11 to RM 523.11, indicating diverse property characteristics. The spread of RM 208.00 (IQR) and deviation of RM 84 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI INDAH - BATUMAUNG, Barat Daya, Penang

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