Penang
Seberang Perai Tengah
14
TAMAN PERWIRA INDAH

TAMAN PERWIRA INDAH

Area Intelligence

2024

Median Price

RM 142,500

PSF: RM 236

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Residential PSF Trends

Median Price

RM 142,500

PSF: RM 236

Commercial PSF Trends

Median Price

RM 627,500

RM 294 PSF

TAMAN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 143K and a median price per square foot (PSF) of RM 236.

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 143K, with most transactions falling within a stable range of RM 125K to RM 160K, and a typical market range of RM 125K to RM 160K.

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

The median PSF stands at RM 236, with core pricing between RM 207 and RM 265. Market pricing typically extends from RM 173.38 to RM 298.63, reflecting moderate variation in unit pricing. With an IQR of RM 125.25 and MAD of RM 29, 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.

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TAMAN PERWIRA INDAH, Seberang Perai Tengah, Penang

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