Penang
Barat Daya
6
TAMAN SRI INDAH (B.PULAU)

TAMAN SRI INDAH (B.PULAU)

Area Intelligence

2023

Median Price

RM 182,500

PSF: RM 319

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Residential PSF Trends

Median Price

RM 182,500

PSF: RM 319

TAMAN SRI INDAH (B.PULAU) in Barat Daya, Penang recorded 10 subsale transactions in 2023, with a median price of RM 183K and a median price per square foot (PSF) of RM 319.

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 183K, with most transactions falling within a stable range of RM 135K to RM 286K, and a typical market range of RM 158K to RM 208K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 319, with core pricing between RM 278 and RM 360. Market pricing typically extends from RM 299.75 to RM 338.25, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI INDAH (B.PULAU), Barat Daya, Penang

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