Taman Teratai Idaman
13, Jalan Idaman, Taman Idaman, 14100 Simpang Ampat, Pulau Pinang, Malaysia
13, Jalan Idaman, Taman Idaman, 14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Teratai 11
|
RM 540,000
|
RM 369
|
1,464 sqft
|
|
|
|
Lorong Teratai 11
|
RM 480,000
|
RM 328
|
1,464 sqft
|
|
|
|
Lorong Teratai 11
|
RM 500,000
|
RM 342
|
1,464 sqft
|
|
|
|
Lorong Teratai 12
|
RM 520,000
|
RM 355
|
1,464 sqft
|
|
|
|
Lorong Teratai 5
|
RM 435,000
|
RM 297
|
1,464 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 316 psfMedian transaction price
13, Jalan Idaman, Taman Idaman, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Teratai Idaman in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 500K and a median price per square foot (PSF) of RM 342.
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 500K, with most transactions falling within a stable range of RM 480K to RM 520K, and a typical market range of RM 480K to RM 520K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 342, with most transactions between RM 329 and RM 355. The usual range is RM 329.06 to RM 354.06, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 13 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.