TAMAN JURU INDAH

TAMAN JURU INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 560.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.18 million, with most transactions falling within a stable range of RM 750K to RM 1.60 million, and a typical market range of RM 780K to RM 1.57 million.

Most transactions involved shop unit/retail lot, with high diversity across multiple property types.

For price per square foot, the median is RM 560, with most transactions between RM 536 and RM 583. The usual range is RM 428.75 to RM 690.25, showing that most units are priced quite close to each other. With an IQR of RM 261.50 and MAD of RM 24, 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.