Taman Perwira Indah

14000 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 490,000
PSF
RM 306
Price Size
1,600 sqft
2-Sty Terrace
RM 480,000
Lorong Perwira Indah 4
1,604 sqft · RM 299 PSF
RM 500,000
Lorong Perwira Indah 4
1,604 sqft · RM 312 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 490,000

RM 306 psf

Median transaction price

RM 627,500

RM 294 psf

Median transaction price

High

Rental Yield Data

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Taman Perwira Indah, 14000 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Perwira Indah in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM 490K and a median price per square foot (PSF) of RM 306.

This area contains both residential and commercial properties. View 45 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 490K, with most transactions falling within a stable range of RM 480K to RM 500K, and a typical market range of RM 480K to RM 500K.

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

For price per square foot, the median is RM 306, with most transactions between RM 299 and RM 312. The usual range is RM 241.52 to RM 369.52, showing that most units are priced quite close to each other. With an IQR of RM 128.00 and MAD of RM 6, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.