| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Villa Indah 2
|
RM 870,000
|
RM 335
|
2,594 sqft
|
|
|
|
Lorong Villa Indah 2
|
RM 950,000
|
RM 363
|
2,616 sqft
|
|
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Market Snapshot
ResidentialRM 910,000
RM 349 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 2 subsale transactions in 2023, with a median price of RM 910K and a median price per square foot (PSF) of RM 349.
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 910K, with most transactions falling within a stable range of RM 870K to RM 950K, and a typical market range of RM 870K to RM 950K.
Most transactions involved cluster house, though some variety exists in the market.
For price per square foot, the median is RM 349, with most transactions between RM 335 and RM 363. The usual range is RM 307.42 to RM 391.17, showing that most units are priced quite close to each other. With an IQR of RM 83.75 and MAD of RM 14, 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.