TAMAN TAMBUN INDAH in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2021, with a median price of RM 475K and a median price per square foot (PSF) of RM 166.
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 475K, with most transactions falling within a stable range of RM 20K to RM 930K, and a typical market range of RM 101K to RM 849K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 166, though individual units vary from RM 94 to RM 238 in the core range. The broader market spans RM 71.25 to RM 260.75, 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.
