Taman Teluk Indah

Jalan Perai Jaya 6, Taman Teluk Indah, 13700 Perai, Pulau Pinang, Malaysia

Property Transactions

15 subsales grouped by size

Median
RM 33,000
PSF
RM 59
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM 30,000
Level 18
560 sqft · RM 54 PSF
RM 30,000
Level 18
560 sqft · RM 54 PSF
RM 40,000
Level 14
560 sqft · RM 71 PSF
RM 33,000
Level 7
560 sqft · RM 59 PSF
RM 20,000
Level 20
560 sqft · RM 36 PSF
RM 30,000
Level 1
560 sqft · RM 54 PSF
+3 more
600 sqft
LC Flat
RM 35,000
Level 19
592 sqft · RM 59 PSF
RM 47,000
Level 16
592 sqft · RM 79 PSF
RM 52,000
Level 3
592 sqft · RM 88 PSF
RM 50,000
Level 3
592 sqft · RM 84 PSF
RM 55,000
Level 4
592 sqft · RM 93 PSF
RM 52,000
Level 1
592 sqft · RM 88 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 33,000

RM 59 psf

Median transaction price

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Jalan Perai Jaya 6, Taman Teluk Indah, 13700 Perai, Pulau Pinang, Malaysia

Maps

Taman Teluk Indah in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2022, with a median price of RM 33K and a median price per square foot (PSF) of RM 59.

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 33K, with most transactions falling within a stable range of RM 21K to RM 45K, and a typical market range of RM 23K to RM 43K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM 59, though individual units vary from RM 40 to RM 78 in the core range. The broader market spans RM 43.96 to RM 73.96, indicating diverse property characteristics. A wider spread (IQR: RM 30.00) and deviation (MAD: RM 19) 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.