TAMAN TAMBUN INDAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 112.
This area contains both residential and commercial properties. View 38 residential properties or 9 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.25 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.50 million, and a typical market range of RM 1.00 million to RM 1.50 million.
Most transactions involved detached, with high diversity across multiple property types.
The median PSF stands at RM 112, with core pricing between RM 96 and RM 128. Market pricing typically extends from RM 17.25 to RM 206.75, reflecting moderate variation in unit pricing. With an IQR of RM 189.50 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
