Penang
Seberang Perai Selatan
14
TAMAN TAMBUN INDAH

TAMAN TAMBUN INDAH

Area Intelligence

2023

Median Price

RM 680,000

PSF: RM 230

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Residential PSF Trends

Median Price

RM 510,000

PSF: RM 174

Commercial PSF Trends

Median Price

RM 1,090,000

RM 524 PSF

TAMAN TAMBUN INDAH in Seberang Perai Selatan, Penang recorded 18 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 230.

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.

Most transactions involved detached, with high diversity across multiple property types.

For price per square foot, the median is RM 230, with most transactions between RM 230 and RM 230. The usual range is RM 134.75 to RM 324.25, showing that most units are priced quite close to each other. With an IQR of RM 189.50 and MAD of RM 0, 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. 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 TAMBUN INDAH, Seberang Perai Selatan, Penang

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