TAMAN GAMELAN INDAH

Area Intelligence
2023
Median Price
RM 450,000
PSF: RM 346

Residential PSF Trends

Median Price

RM 450,000

PSF: RM 346

Commercial PSF Trends

Median Price

RM 350,000

RM 241 PSF

TAMAN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 346.

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 450K, with most transactions falling within a stable range of RM 387K to RM 500K, and a typical market range of RM 285K to RM 500K.

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

The median PSF stands at RM 346, with core pricing between RM 304 and RM 388. Market pricing typically extends from RM 251.25 to RM 440.75, reflecting moderate variation in unit pricing. With an IQR of RM 189.50 and MAD of RM 42, 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. Some price volatility exists, making thorough market research essential before transacting. 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

7 transactions grouped by size

1,100 sqft
Single Storey Terraced
RM 285,000
LORONG BAKAP INDAH 4
1,098 sqft · RM 260 PSF
1,200 sqft
Double Storey Terraced
RM 500,000
LORONG GAMELAN INDAH 11/3
1,206 sqft · RM 415 PSF
1,300 sqft
Double Storey Terraced
RM 450,000
LORONG. GAMELAN INDAH 7
1,302 sqft · RM 346 PSF
RM 440,000
LORONG GAMELAN INDAH 7
1,302 sqft · RM 338 PSF
RM 439,000
LORONG GAMELAN INDAH 10
1,292 sqft · RM 340 PSF
RM 460,000
LORONG GAMELAN INDAH 8
1,302 sqft · RM 353 PSF
RM 450,000
LORONG GAMELAN INDAH 5
1,302 sqft · RM 346 PSF

No Properties For Sale

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

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