Penang
Seberang Perai Tengah
14
TAMAN PERWIRA INDAH

TAMAN PERWIRA INDAH

Area Intelligence

2022

Median Price

RM 100,000

PSF: RM 166

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Residential PSF Trends

Median Price

RM 100,000

PSF: RM 166

Commercial PSF Trends

Median Price

RM 627,500

RM 294 PSF

TAMAN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, priced up to RM 300K, with a median price of RM 100K and a median price per square foot (PSF) of RM 166.

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 100K, with most transactions falling within a stable range of RM 90K to RM 195K, and a typical market range of RM 90K to RM 205K.

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

The median PSF stands at RM 166, with core pricing between RM 135 and RM 197. Market pricing typically extends from RM 103.28 to RM 228.53, reflecting moderate variation in unit pricing. The spread of RM 125.25 (IQR) and deviation of RM 31 (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. 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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