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 1.10 million to RM 575K, and a typical market range of RM 1.10 million to RM 849K.
Most transactions involved detached, with high diversity across multiple property types.
For price per square foot, the median is RM 166, with most transactions between RM 160 and RM 173. The usual range is RM 71.25 to RM 260.75, showing that most units are priced quite close to each other. With an IQR of RM 189.50 and MAD of RM 7, 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.
