|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong Villa Indah 1
|
RM 850,000
|
RM 320
|
2,659 sqft
|
|
Cluster |
|
Lorong Villa Indah 1
|
RM 1,000,000
|
RM 320
|
3,122 sqft
|
|
Cluster |
|
Lorong Villa Indah 1
|
RM 678,000
|
RM 409
|
1,658 sqft
|
|
Cluster |
|
Lorong Villa Indah 2
|
RM 690,000
|
RM 354
|
1,948 sqft
|
|
2-Sty Terrace |
|
Lorong Villa Indah 2
|
RM 770,000
|
RM 297
|
2,594 sqft
|
|
Cluster |
|
Lorong Villa Indah 1
|
RM 755,000
|
RM 285
|
2,648 sqft
|
|
Cluster |
|
Lorong Villa Indah 1
|
RM 750,000
|
RM 385
|
1,948 sqft
|
|
2-Sty Terrace |
|
Lorong Villa Indah 1
|
RM 688,000
|
RM 265
|
2,594 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 752,500
RM 320 psfMedian transaction price
Taman Vila Indah, 10Lorong Vila Indah 1Taman Vila Indah14000 Bukit Mertajam, Penang, Malaysia
MapsTaman Villa Indah in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2022, with a median price of RM 753K and a median price per square foot (PSF) of RM 320.
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 753K, with most transactions falling within a stable range of RM 678K to RM 853K, and a typical market range of RM 680K to RM 825K.
Most transactions involved cluster house, though some variety exists in the market.
The median PSF stands at RM 320, with core pricing between RM 273 and RM 367. Market pricing typically extends from RM 278.16 to RM 361.91, reflecting moderate variation in unit pricing. With an IQR of RM 83.75 and MAD of RM 47, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.