| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Vila Indah 2
|
RM 720,000
|
RM 370
|
1,948 sqft
|
|
|
|
Lorong Vila Indah 2
|
RM 730,000
|
RM 375
|
1,948 sqft
|
|
|
Lorong Villa Indah 1
|
RM 1,080,000
|
RM 397
|
2,723 sqft
|
|
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Market Snapshot
ResidentialRM 730,000
RM 375 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 3 subsale transactions in 2024, with a median price of RM 730K and a median price per square foot (PSF) of RM 375.
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 730K, with most transactions falling within a stable range of RM 720K to RM 897K, and a typical market range of RM 720K to RM 803K.
Most transactions involved cluster house, though some variety exists in the market.
For price per square foot, the median is RM 375, with most transactions between RM 363 and RM 386. The usual range is RM 332.82 to RM 416.57, showing that most units are priced quite close to each other. With an IQR of RM 83.75 and MAD of RM 12, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.