Penang
Seberang Perai Selatan
4
TAMAN GAMELAN INDAH

TAMAN GAMELAN INDAH

Area Intelligence

2022

Median Price

RM 420,000

PSF: RM 275

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Residential PSF Trends

Median Price

RM 420,000

PSF: RM 275

Commercial PSF Trends

Median Price

RM 350,000

RM 241 PSF

TAMAN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 275.

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 420K, with most transactions falling within a stable range of RM 306K to RM 534K, and a typical market range of RM 280K to RM 600K.

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

The median PSF stands at RM 275, with core pricing between RM 225 and RM 325. Market pricing typically extends from RM 180.25 to RM 369.75, reflecting moderate variation in unit pricing. The spread of RM 189.50 (IQR) and deviation of RM 50 (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

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Transactions

4 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

RM 280,000

LORONG GAMELAN INDAH 12

1,302 sqft · RM 215 PSF

Sep 2022

RM 430,000

LORONG GAMELAN INDAH 8

1,302 sqft · RM 330 PSF

Sep 2022

RM 410,000

LORONG GAMELAN INDAH 8

1,302 sqft · RM 315 PSF

May 2022

LORONG GAMELAN INDAH 12	RM 280,000	RM 215	1,302 sqft	Sep 2022	Single Storey Terraced
LORONG GAMELAN INDAH 8	RM 430,000	RM 330	1,302 sqft	Sep 2022	Double Storey Terraced
LORONG GAMELAN INDAH 8	RM 410,000	RM 315	1,302 sqft	May 2022	Double Storey Terraced