TAMAN MANGGIS INDAH

TAMAN MANGGIS INDAH in Barat Daya, Penang recorded 3 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 307.

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 400K, with most transactions falling within a stable range of RM 390K to RM 459K, and a typical market range of RM 390K to RM 456K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 307, with core pricing between RM 251 and RM 363. Market pricing typically extends from RM 290.25 to RM 323.75, reflecting moderate variation in unit pricing. The spread of RM 33.50 (IQR) and deviation of RM 56 (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.