TAMAN SINTAR INDAH in Seberang Perai Selatan, Penang recorded 33 subsale transactions in 2022, with a median price of RM 55K and a median price per square foot (PSF) of RM 91.
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 55K, with most transactions falling within a stable range of RM 41K to RM 69K, and a typical market range of RM -90,000 to RM 200K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 91, though individual units vary from RM 69 to RM 113 in the core range. The broader market spans RM 23.00 to RM 159.00, indicating diverse property characteristics. The spread of RM 136.00 (IQR) and deviation of RM 22 (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. Moderate transaction volume may require patience when buying or selling.
