TAMAN GAMELAN INDAH

Area Intelligence
2024
Median Price
RM 375,000
PSF: RM 233

Residential PSF Trends

Median Price

RM 400,000

PSF: RM 224

Commercial PSF Trends

Median Price

RM 350,000

RM 241 PSF

TAMAN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 18 subsale transactions in 2024, with a median price of RM 375K and a median price per square foot (PSF) of RM 233.

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 375K, with most transactions falling within a stable range of RM 204K to RM 500K, and a typical market range of RM 191K to RM 500K.

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

Price per square foot shows a median of RM 233, though individual units vary from RM 133 to RM 332 in the core range. The broader market spans RM 137.75 to RM 327.25, indicating diverse property characteristics. A wider spread (IQR: RM 189.50) and deviation (MAD: RM 100) 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

15 transactions grouped by size

600 sqft
Low-Cost Flat
RM 84,000
Level 3
606 sqft · RM 139 PSF
RM 53,000
Level 4
624 sqft · RM 85 PSF
RM 72,000
Level 4
624 sqft · RM 115 PSF
RM 75,000
Level 4
624 sqft · RM 120 PSF
RM 70,000
Level G
603 sqft · RM 116 PSF
RM 92,000
Level G
624 sqft · RM 147 PSF
1,100 sqft
Single Storey Terraced
RM 300,000
LORONG BAKAP INDAH 4
1,098 sqft · RM 273 PSF
RM 290,000
LORONG BAKAP INDAH 4
1,098 sqft · RM 264 PSF
1,200 sqft
Double Storey Terraced
RM 460,000
LORONG GAMELAN INDAH 11/2
1,206 sqft · RM 382 PSF
RM 500,000
LORONG GAMELAN INDAH 11/2
1,206 sqft · RM 415 PSF
1,300 sqft
Double Storey Terraced
RM 400,000
LORONG GAMELAN INDAH 7
1,302 sqft · RM 307 PSF
RM 416,000
LORONG. GAMELAN INDAH 7
1,302 sqft · RM 319 PSF
1,450 sqft
Shop/Retail Lot
RM 350,000
Level 1
1,453 sqft · RM 241 PSF
2,200 sqft
Single Storey Terraced
RM 408,000
LORONG BAKAP INDAH 12
2,207 sqft · RM 185 PSF
2,300 sqft
Double Storey Terraced
RM 500,000
LORONG GAMELAN INDAH 12
2,282 sqft · RM 219 PSF

No Properties For Sale

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

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