TAMAN GAMELAN INDAH

Area Intelligence
2024
Median Price
RM 438,000
PSF: RM 269

Residential PSF Trends

Median Price

RM 460,000

PSF: RM 273

Commercial PSF Trends

Median Price

RM 350,000

RM 241 PSF

TAMAN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 12 subsale transactions in 2024, with a median price of RM 438K and a median price per square foot (PSF) of RM 269.

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 438K, with most transactions falling within a stable range of RM 317K to RM 559K, and a typical market range of RM 290K to RM 622K.

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

Price per square foot shows a median of RM 269, though individual units vary from RM 204 to RM 333 in the core range. The broader market spans RM 173.75 to RM 363.25, indicating diverse property characteristics. The spread of RM 189.50 (IQR) and deviation of RM 65 (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

12 transactions grouped by size

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
1,950 sqft
Double Storey Terraced
RM 590,000
LORONG GAMELAN INDAH 10
1,948 sqft · RM 303 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
2,800 sqft
Double Storey Semi-D
RM 628,000
SOLOK GAMELAN INDAH
2,799 sqft · RM 224 PSF
RM 688,000
SOLOK GAMELAN INDAH
2,799 sqft · RM 246 PSF

No Properties For Sale

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

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