TAMAN TAMBUN INDAH in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2024, with a median price of RM 920K and a median price per square foot (PSF) of RM 198.
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 920K, with most transactions falling within a stable range of RM 886K to RM 150K, and a typical market range of RM 546K to RM 150K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 198, though individual units vary from RM 138 to RM 257 in the core range. The broader market spans RM 102.75 to RM 292.25, indicating diverse property characteristics. A wider spread (IQR: RM 189.50) and deviation (MAD: RM 59) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
