TAMAN GAMELAN INDAH

Area Intelligence
2022
Median Price
RM 695,000
PSF: RM 237

Residential PSF Trends

Median Price

RM 695,000

PSF: RM 237

Commercial PSF Trends

Median Price

RM 350,000

RM 241 PSF

TAMAN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 695K and a median price per square foot (PSF) of RM 237.

This area contains both residential and commercial properties. View 54 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 695K, with most transactions falling within a stable range of RM 600K to RM 790K, and a typical market range of RM 600K to RM 790K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

For price per square foot, the median is RM 237, with most transactions between RM 235 and RM 238. The usual range is RM 141.75 to RM 331.25, showing that most units are priced quite close to each other. With an IQR of RM 189.50 and MAD of RM 2, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN GAMELAN INDAH, Seberang Perai Selatan, Penang

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Transactions

2 transactions grouped by size

2,550 sqft
Double Storey Terraced
RM 600,000
LORONG GAMELAN INDAH 11/1
2,556 sqft · RM 235 PSF
3,350 sqft
Double Storey Terraced
RM 790,000
LORONG. GAMELAN INDAH 10
3,326 sqft · RM 238 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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