TAMAN SINTAR INDAH in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2021, with a median price of RM 45K and a median price per square foot (PSF) of RM 75.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 45K, with most transactions falling within a stable range of RM 41K to RM 49K, and a typical market range of RM 38K to RM 50K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
For price per square foot, the median is RM 75, with most transactions between RM 68 and RM 82. The usual range is RM 7.00 to RM 143.00, showing that most units are priced quite close to each other. With an IQR of RM 136.00 and MAD of RM 7, 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.