TAMAN GAMELAN INDAH

TAMAN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 16 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 170.

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 190K, with most transactions falling within a stable range of RM 38K to RM 373K, and a typical market range of RM 38K to RM 374K.

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

Price per square foot shows a median of RM 170, though individual units vary from RM 53 to RM 286 in the core range. The broader market spans RM 74.75 to RM 264.25, indicating diverse property characteristics. A wider spread (IQR: RM 189.50) and deviation (MAD: RM 116) 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.