TAMAN TAMBUN INDAH in Seberang Perai Selatan, Penang recorded 13 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 193.
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 400K, with most transactions falling within a stable range of RM -55,000 to RM 855K, and a typical market range of RM 26K to RM 774K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 193, though individual units vary from RM 121 to RM 265 in the core range. The broader market spans RM 98.25 to RM 287.75, indicating diverse property characteristics. A wider spread (IQR: RM 189.50) and deviation (MAD: RM 72) 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.
