Penang
Seberang Perai Selatan
4
TAMAN GAMELAN INDAH

TAMAN GAMELAN INDAH

Area Intelligence

2024

Median Price

RM 73,500

PSF: RM 118

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Residential PSF Trends

Median Price

RM 73,500

PSF: RM 118

Commercial PSF Trends

Median Price

RM 350,000

RM 241 PSF

TAMAN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2024, with a median price of RM 74K and a median price per square foot (PSF) of RM 118.

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 74K, with most transactions falling within a stable range of RM 61K to RM 86K, and a typical market range of RM 53K to RM 92K.

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

The median PSF stands at RM 118, with core pricing between RM 98 and RM 138. Market pricing typically extends from RM 23.25 to RM 212.75, reflecting moderate variation in unit pricing. The spread of RM 189.50 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.

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 GAMELAN INDAH, Seberang Perai Selatan, Penang

OSM

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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 84,000

Level 3

606 sqft • RM 139.00 PSF

Nov 2024

RM 53,000

Level 4

624 sqft • RM 85.00 PSF

Aug 2024

RM 72,000

Level 4

624 sqft • RM 115.00 PSF

Jul 2024

RM 75,000

Level 4

624 sqft • RM 120.00 PSF

Jun 2024

RM 70,000

Level G

603 sqft • RM 116.00 PSF

Mar 2024

RM 92,000

Level G

624 sqft • RM 147.00 PSF

Feb 2024

Road	Price	Land PSF	Land	Date	Type
Level 3	RM 84,000	RM 139.00	606 sqft	Nov 2024	Low-Cost Flat
Level 4	RM 53,000	RM 85.00	624 sqft	Aug 2024	Low-Cost Flat
Level 4	RM 72,000	RM 115.00	624 sqft	Jul 2024	Low-Cost Flat
Level 4	RM 75,000	RM 120.00	624 sqft	Jun 2024	Low-Cost Flat
Level G	RM 70,000	RM 116.00	603 sqft	Mar 2024	Low-Cost Flat
Level G	RM 92,000	RM 147.00	624 sqft	Feb 2024	Low-Cost Flat