Penang
Seberang Perai Tengah
14
TAMAN PERWIRA INDAH

TAMAN PERWIRA INDAH

Area Intelligence

2022

Median Price

RM 435,000

PSF: RM 225

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Residential PSF Trends

Median Price

RM 402,500

PSF: RM 225

Commercial PSF Trends

Median Price

RM 550,000

RM 225 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 550K to RM 495K, and a typical market range of RM 550K to RM 540K.

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

Price per square foot shows a median of RM 225, though individual units vary from RM 178 to RM 272 in the core range. The broader market spans RM 162.48 to RM 287.73, indicating diverse property characteristics. The spread of RM 125.25 (IQR) and deviation of RM 47 (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

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	PSF	Size	Date	Type

2,450 sqft

Double Storey Shop

2,450 sqft

Double Storey Shop

RM 550,000

LORONG PERWIRA INDAH 3

2,443 sqft · RM 225 PSF

Dec 2022

RM 550,000

LORONG PERWIRA INDAH 1

2,443 sqft · RM 225 PSF

Nov 2022

RM 680,000

LORONG PERWIRA INDAH 1

2,443 sqft · RM 278 PSF

Oct 2022

RM 670,000

LORONG PERWIRA INDAH 1

2,443 sqft · RM 274 PSF

Sep 2022

LORONG PERWIRA INDAH 3	RM 550,000	RM 225	2,443 sqft	Dec 2022
LORONG PERWIRA INDAH 1	RM 550,000	RM 225	2,443 sqft	Nov 2022
LORONG PERWIRA INDAH 1	RM 680,000	RM 278	2,443 sqft	Oct 2022
LORONG PERWIRA INDAH 1	RM 670,000	RM 274	2,443 sqft	Sep 2022