Penang
Seberang Perai Selatan
11
TAMAN VILLA INDAH

TAMAN VILLA INDAH

Area Intelligence

2022

Median Price

RM 625,000

PSF: RM 224

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Residential PSF Trends

Median Price

RM 625,000

PSF: RM 224

TAMAN VILLA INDAH in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2022, with a median price of RM 625K and a median price per square foot (PSF) of RM 224.

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 625K, with most transactions falling within a stable range of RM 600K to RM 762K, and a typical market range of RM 608K to RM 643K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 224, with most transactions between RM 217 and RM 231. The usual range is RM 218.00 to RM 230.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.00 and an average deviation (MAD) of RM 7 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN VILLA INDAH, Seberang Perai Selatan, Penang

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