TAMAN PERWIRA INDAH

Area Intelligence
2022
Median Price
RM 435,000
PSF: RM 225

Residential PSF Trends

Median Price

RM 402,500

PSF: RM 302

Commercial PSF Trends

Median Price

RM 550,000

RM 294 PSF

TAMAN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 19 subsale transactions in 2022, with a median price of RM 435K and a median price per square foot (PSF) of RM 225.

This area contains both residential and commercial properties. View 40 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 435K, with most transactions falling within a stable range of RM 297K to RM 495K, and a typical market range of RM 330K to RM 495K.

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

The median PSF stands at RM 225, with core pricing between RM 184 and RM 266. Market pricing typically extends from RM 162.48 to RM 287.73, reflecting moderate variation in unit pricing. The spread of RM 125.25 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERWIRA INDAH, Seberang Perai Tengah, Penang

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Transactions

14 transactions grouped by size

600 sqft
Low-Cost Flat
RM 100,000
Level G
603 sqft · RM 166 PSF
RM 100,000
Level 2
603 sqft · RM 166 PSF
RM 90,000
Level 4
603 sqft · RM 149 PSF
1,300 sqft
Single Storey Terraced
RM 290,000
LORONG PERWIRA INDAH 6
1,302 sqft · RM 223 PSF
RM 385,000
LORONG PERWIRA INDAH 8
1,302 sqft · RM 296 PSF
RM 290,000
LORONG PERWIRA INDAH 6
1,302 sqft · RM 223 PSF
1,550 sqft
Double Storey Terraced
RM 400,000
LORONG PERWIRA INDAH 2
1,539 sqft · RM 260 PSF
1,850 sqft
Double Storey Terraced
RM 495,000
LORONG PERWIRA INDAH 2
1,830 sqft · RM 271 PSF
RM 435,000
JALAN PERWIRA
1,830 sqft · RM 238 PSF
RM 415,000
LORONG PERWIRA INDAH 2
1,830 sqft · RM 227 PSF
RM 450,000
LORONG PERWIRA INDAH 2
1,830 sqft · RM 246 PSF
RM 450,000
LORONG PERWIRA INDAH 2
1,830 sqft · RM 246 PSF
RM 405,000
JALAN PERWIRA
1,830 sqft · RM 221 PSF
2,450 sqft
Double Storey Shop
RM 450,000
LORONG PERWIRA INDAH 3
2,443 sqft · RM 184 PSF

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There are currently no properties listed for sale in this area.

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