TAMAN MANGGIS INDAH

TAMAN MANGGIS INDAH in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 327.

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 300K, with most transactions falling within a stable range of RM 270K to RM 374K, and a typical market range of RM 270K to RM 356K.

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

For price per square foot, the median is RM 327, with most transactions between RM 313 and RM 341. The usual range is RM 310.25 to RM 343.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.50 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

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.