|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 2
|
RM 60,000
|
RM 107
|
560 sqft
|
|
LC Flat |
|
Level 9
|
RM 33,000
|
RM 59
|
560 sqft
|
|
LC Flat |
|
Level 20
|
RM 40,000
|
RM 71
|
560 sqft
|
|
LC Flat |
|
Level 19
|
RM 80,000
|
RM 143
|
560 sqft
|
|
LC Flat |
|
Level 10
|
RM 36,000
|
RM 64
|
560 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 20
|
RM 20,000
|
RM 36
|
560 sqft
|
|
LC Flat |
|
Level 6
|
RM 30,000
|
RM 54
|
560 sqft
|
|
LC Flat |
|
Level 2
|
RM 45,000
|
RM 80
|
560 sqft
|
|
LC Flat |
|
Level 10
|
RM 17,000
|
RM 30
|
560 sqft
|
|
LC Flat |
|
Level 18
|
RM 60,000
|
RM 107
|
560 sqft
|
|
LC Flat |
|
Level 10
|
RM 50,000
|
RM 89
|
560 sqft
|
|
LC Flat |
|
Level 9
|
RM 29,000
|
RM 52
|
560 sqft
|
|
LC Flat |
|
Level G
|
RM 75,000
|
RM 134
|
560 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 18
|
RM 30,000
|
RM 54
|
560 sqft
|
|
LC Flat |
|
Level 18
|
RM 30,000
|
RM 54
|
560 sqft
|
|
LC Flat |
|
Level 14
|
RM 40,000
|
RM 71
|
560 sqft
|
|
LC Flat |
|
Level 20
|
RM 20,000
|
RM 36
|
560 sqft
|
|
LC Flat |
|
Level 7
|
RM 33,000
|
RM 59
|
560 sqft
|
|
LC Flat |
|
Level 20
|
RM 20,000
|
RM 36
|
560 sqft
|
|
LC Flat |
|
Level 1
|
RM 30,000
|
RM 54
|
560 sqft
|
|
LC Flat |
|
Level 7
|
RM 25,000
|
RM 45
|
560 sqft
|
|
LC Flat |
|
Level 12
|
RM 28,000
|
RM 50
|
560 sqft
|
|
LC Flat |
| 2021 | |||||
|
Level 15
|
RM 24,000
|
RM 43
|
560 sqft
|
|
LC Flat |
|
Level 10
|
RM 24,000
|
RM 43
|
560 sqft
|
|
LC Flat |
|
Level 21
|
RM 30,000
|
RM 56
|
538 sqft
|
|
LC Flat |
|
Level 9
|
RM 24,000
|
RM 43
|
560 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 30,000
RM 54 psfMedian transaction price
Jalan Perai Jaya 6, Taman Teluk Indah, 13700 Perai, Pulau Pinang, Malaysia
MapsTaman Teluk Indah in Seberang Perai Tengah, Penang recorded 26 subsale transactions between 2021 and 2026, sized between 525 and 574 sqft, with a median price of RM 30K and a median price per square foot (PSF) of RM 54.
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 30K, with most transactions falling within a stable range of RM 17K to RM 46K, and a typical market range of RM 20K to RM 40K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 54, though individual units vary from RM 25 to RM 83 in the core range. The broader market spans RM 38.60 to RM 68.60, indicating diverse property characteristics. A wider spread (IQR: RM 30.00) and deviation (MAD: RM 29) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.