TAMAN PERWIRA INDAH

Area Intelligence
16 subsale transactions
2024
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Median Price
RM 465,000
PSF: RM 329

Residential PSF Trends

Median Price

RM 448,500

PSF: RM 338

Commercial PSF Trends

Median Price

RM 640,000

RM 298 PSF

TAMAN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2024, with a median price of RM 465K and a median price per square foot (PSF) of RM 329.

This area contains both residential and commercial properties. View 40 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 465K, with most transactions falling within a stable range of RM 235K to RM 695K, and a typical market range of RM 360K to RM 570K.

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 329, though individual units vary from RM 248 to RM 410 in the core range. The broader market spans RM 267.50 to RM 390.50, indicating diverse property characteristics. The spread of RM 123.00 (IQR) and deviation of RM 81 (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

OSM

Transactions

16 transactions grouped by size

600 sqft
Low-Cost Flat
RM 160,000
Level 1
603 sqft · RM 265.00 PSF
Aug 2024
RM 125,000
Level 1
603 sqft · RM 207.00 PSF
Mar 2024
1,300 sqft
RM 480,000
Double Storey Terraced LORONG PERWIRA INDAH 4
1,302 sqft · RM 369.00 PSF
Oct 2024
RM 447,000
Double Storey Terraced JALAN PERWIRA
1,302 sqft · RM 343.00 PSF
Sep 2024
RM 370,000
Single Storey Terraced LORONG PERWIRA INDAH 6
1,302 sqft · RM 284.00 PSF
Aug 2024
RM 320,000
Single Storey Terraced LORONG PERWIRA INDAH 6
1,302 sqft · RM 246.00 PSF
Aug 2024
RM 440,000
Double Storey Terraced JALAN PERWIRA
1,302 sqft · RM 338.00 PSF
Jul 2024
RM 500,000
Double Storey Terraced LORONG PERWIRA INDAH 2
1,302 sqft · RM 384.00 PSF
Jul 2024
1,850 sqft
Double Storey Shop
RM 600,000
LORONG PERWIRA INDAH 3
1,873 sqft · RM 320.00 PSF
Apr 2024
2,500 sqft
Double Storey Shop
RM 680,000
LORONG PERWIRA INDAH 3
2,476 sqft · RM 275.00 PSF
Jun 2024
2,600 sqft
Double Storey Terraced
RM 450,000
LORONG PERWIRA INDAH 2
2,616 sqft · RM 172.00 PSF
Jun 2024
10,200 sqft
Bungalow
RM 1,200,000
LORONG PERWIRA INDAH 6
10,215 sqft · RM 117.00 PSF
Nov 2024