TAMAN SINTAR INDAH in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2023, with a median price of RM 399K and a median price per square foot (PSF) of RM 307.
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 399K, with most transactions falling within a stable range of RM 267K to RM 460K, and a typical market range of RM 254K to RM 460K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 307, though individual units vary from RM 220 to RM 394 in the core range. The broader market spans RM 239.00 to RM 375.00, indicating diverse property characteristics. A wider spread (IQR: RM 136.00) and deviation (MAD: RM 87) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
