TAMAN GAMELAN INDAH

Area Intelligence
2022
Median Price
RM 84,000
PSF: RM 136

Residential PSF Trends

Median Price

RM 84,000

PSF: RM 136

Commercial PSF Trends

Median Price

RM 350,000

RM 241 PSF

TAMAN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 15 subsale transactions in 2022, with a median price of RM 84K and a median price per square foot (PSF) of RM 136.

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 84K, with most transactions falling within a stable range of RM 32K to RM 315K, and a typical market range of RM 32K to RM 268K.

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

Price per square foot shows a median of RM 136, though individual units vary from RM 50 to RM 222 in the core range. The broader market spans RM 41.25 to RM 230.75, indicating diverse property characteristics. A wider spread (IQR: RM 189.50) and deviation (MAD: RM 86) 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.

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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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