Penang
Seberang Perai Selatan
4
TAMAN GAMELAN INDAH

TAMAN GAMELAN INDAH

Area Intelligence

2022

Median Price

RM 84,000

PSF: RM 136

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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.

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

For price per square foot, the median is RM 136, with most transactions between RM 136 and RM 136. The usual range is RM 41.25 to RM 230.75, showing that most units are priced quite close to each other. With an IQR of RM 189.50 and MAD of RM 0, 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. 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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