| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 60,000
|
RM 107
|
560 sqft
|
|
|
|
Level 9
|
RM 33,000
|
RM 59
|
560 sqft
|
|
|
Level 2
|
RM 70,000
|
RM 118
|
592 sqft
|
|
|
|
Level 14
|
RM 43,000
|
RM 73
|
592 sqft
|
|
|
|
Level 20
|
RM 45,000
|
RM 76
|
592 sqft
|
|
|
|
Level 1
|
RM 50,000
|
RM 84
|
592 sqft
|
|
|
|
Level 17
|
RM 45,000
|
RM 76
|
592 sqft
|
|
|
|
Level 1
|
RM 51,000
|
RM 86
|
592 sqft
|
|
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Market Snapshot
ResidentialRM 47,500
RM 80 psfMedian transaction price
Jalan Perai Jaya 6, Taman Teluk Indah, 13700 Perai, Pulau Pinang, Malaysia
MapsTaman Teluk Indah in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM 48K and a median price per square foot (PSF) of RM 80.
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 48K, with most transactions falling within a stable range of RM 37K to RM 58K, and a typical market range of RM 38K to RM 58K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 80, though individual units vary from RM 62 to RM 98 in the core range. The broader market spans RM 65.23 to RM 95.23, indicating diverse property characteristics. The spread of RM 30.00 (IQR) and deviation of RM 18 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.