TAMAN PERWIRA INDAH

Area Intelligence
2024
Median Price
RM 510,000
PSF: RM 276

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 279

Commercial PSF Trends

Median Price

RM 640,000

RM 262 PSF

TAMAN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, priced between RM 500K and RM 750K, with a median price of RM 510K and a median price per square foot (PSF) of RM 276.

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 510K, with most transactions falling within a stable range of RM 500K to RM 578K, and a typical market range of RM 500K to RM 615K.

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 276, with most transactions between RM 256 and RM 295. The usual range is RM 213.14 to RM 338.40, showing that most units are priced quite close to each other. With an IQR of RM 125.25 and MAD of RM 19, 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.

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TAMAN PERWIRA INDAH, Seberang Perai Tengah, Penang

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Property Transactions

6 transactions grouped by size

1,600 sqft
Double Storey Terraced
RM 500,000
LORONG PERWIRA INDAH 4
1,604 sqft · RM 312 PSF
1,850 sqft
Double Storey Terraced
RM 500,000
LORONG PERWIRA INDAH 2
1,830 sqft · RM 273 PSF
RM 500,000
LORONG PERWIRA INDAH 2
1,830 sqft · RM 273 PSF
RM 520,000
LORONG PERWIRA INDAH 2
1,830 sqft · RM 284 PSF
2,450 sqft
Double Storey Shop
RM 680,000
LORONG PERWIRA INDAH 3
2,443 sqft · RM 278 PSF
RM 600,000
LORONG PERWIRA INDAH 3
2,443 sqft · RM 246 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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