TAMAN SRI INDAH (B.PULAU) in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 165K and a median price per square foot (PSF) of RM 301.
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 165K, with most transactions falling within a stable range of RM 142K to RM 188K, and a typical market range of RM 140K to RM 190K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
For price per square foot, the median is RM 301, with most transactions between RM 285 and RM 317. The usual range is RM 281.75 to RM 320.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.50 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.
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.
