TAMAN INDAH

Area Intelligence

2023

Median Price

RM 510,000

PSF: RM 364

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Residential PSF Trends

Median Price

RM 510,000

PSF: RM 364

Commercial PSF Trends

Median Price

RM 600,000

RM 429 PSF

TAMAN INDAH in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 364.

This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 364, with most transactions between RM 364 and RM 364. The usual range is RM 322.13 to RM 405.88, showing that most units are priced quite close to each other. With an IQR of RM 83.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN INDAH, Seberang Perai Tengah, Penang

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