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
|
|
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Market Snapshot
ResidentialRM 510,000
RM 348 psfMedian transaction price
13, Jalan Idaman, Taman Idaman, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Teratai Idaman in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 348.
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 510K, with most transactions falling within a stable range of RM 480K to RM 540K, and a typical market range of RM 490K to RM 530K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 348, with most transactions between RM 328 and RM 369. The usual range is RM 335.89 to RM 360.89, 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 20 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.