TAMAN PERWIRA INDAH

Area Intelligence
2022
Median Price
RM 450,000
PSF: RM 307

Residential PSF Trends

Median Price

RM 410,000

PSF: RM 315

Commercial PSF Trends

Median Price

RM 550,000

RM 294 PSF

TAMAN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 307.

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 450K, with most transactions falling within a stable range of RM 340K to RM 560K, and a typical market range of RM 345K to RM 555K.

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

The median PSF stands at RM 307, with core pricing between RM 261 and RM 353. Market pricing typically extends from RM 244.38 to RM 369.63, reflecting moderate variation in unit pricing. With an IQR of RM 125.25 and MAD of RM 46, 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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Transactions

15 transactions grouped by size

1,300 sqft
RM 495,000
LORONG PERWIRA INDAH 2
1,302 sqft · RM 380 PSF
RM 290,000
LORONG PERWIRA INDAH 6
1,302 sqft · RM 223 PSF
RM 435,000
JALAN PERWIRA
1,302 sqft · RM 334 PSF
RM 415,000
LORONG PERWIRA INDAH 2
1,302 sqft · RM 319 PSF
RM 450,000
LORONG PERWIRA INDAH 2
1,302 sqft · RM 346 PSF
RM 385,000
LORONG PERWIRA INDAH 8
1,302 sqft · RM 296 PSF
1,850 sqft
Double Storey Shop
RM 550,000
LORONG PERWIRA INDAH 3
1,873 sqft · RM 294 PSF
RM 550,000
LORONG PERWIRA INDAH 1
1,873 sqft · RM 294 PSF
RM 670,000
LORONG PERWIRA INDAH 1
1,873 sqft · RM 358 PSF
RM 450,000
LORONG PERWIRA INDAH 3
1,873 sqft · RM 240 PSF
2,500 sqft
Double Storey Shop
RM 680,000
LORONG PERWIRA INDAH 1
2,476 sqft · RM 275 PSF

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

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