TAMAN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2024, with a median price of RM 465K and a median price per square foot (PSF) of RM 329.
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 465K, with most transactions falling within a stable range of RM 364K to RM 567K, and a typical market range of RM 360K to RM 570K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 329, with core pricing between RM 270 and RM 388. Market pricing typically extends from RM 266.38 to RM 391.63, reflecting moderate variation in unit pricing. The spread of RM 125.25 (IQR) and deviation of RM 59 (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.
