TAMAN IDAMAN

Area Intelligence

2022

Median Price

RM 65,500

PSF: RM 124

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Residential PSF Trends

Median Price

RM 65,500

PSF: RM 124

Commercial PSF Trends

Median Price

RM 565,000

RM 371 PSF

TAMAN IDAMAN in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2022, with a median price of RM 66K and a median price per square foot (PSF) of RM 124.

This area contains both residential and commercial properties. View 57 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 66K, with most transactions falling within a stable range of RM 56K to RM 83K, and a typical market range of RM 56K to RM 110K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 124, though individual units vary from RM 91 to RM 157 in the core range. The broader market spans RM 44.75 to RM 203.25, indicating diverse property characteristics. A wider spread (IQR: RM 158.50) and deviation (MAD: RM 33) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN IDAMAN, Seberang Perai Selatan, Penang

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Transactions

10 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

550 sqft

Low-Cost Flat

550 sqft

Low-Cost Flat

RM 77,000

Level 2

527 sqft · RM 146 PSF

Dec 2022

RM 110,000

Level G

527 sqft · RM 209 PSF

Dec 2022

RM 56,000

Level 3

527 sqft · RM 106 PSF

Nov 2022

RM 65,000

Level G

527 sqft · RM 123 PSF

Nov 2022

RM 66,000

Level 2

527 sqft · RM 125 PSF

Sep 2022

RM 60,000

Level G

527 sqft · RM 114 PSF

Sep 2022

Level 2	RM 77,000	RM 146	527 sqft	Dec 2022
Level G	RM 110,000	RM 209	527 sqft	Dec 2022
Level 3	RM 56,000	RM 106	527 sqft	Nov 2022
Level G	RM 65,000	RM 123	527 sqft	Nov 2022
Level 2	RM 66,000	RM 125	527 sqft	Sep 2022
Level G	RM 60,000	RM 114	527 sqft	Sep 2022