Penang
Seberang Perai Tengah
14
TAMAN PERWIRA INDAH

TAMAN PERWIRA INDAH

Area Intelligence

2023

Median Price

RM 525,000

PSF: RM 249

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 273

Commercial PSF Trends

Median Price

RM 550,000

RM 225 PSF

TAMAN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 525K and a median price per square foot (PSF) of RM 249.

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 525K, with most transactions falling within a stable range of RM 500K to RM 550K, and a typical market range of RM 500K to RM 550K.

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 249, with most transactions between RM 225 and RM 273. The usual range is RM 186.55 to RM 311.79, showing that most units are priced quite close to each other. With an IQR of RM 125.25 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERWIRA INDAH, Seberang Perai Tengah, Penang

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