TAMAN BUKIT INDAH

Area Intelligence
2021
Median Price
RM 473,500
PSF: RM 287

Residential PSF Trends

Median Price

RM 473,500

PSF: RM 287

TAMAN BUKIT INDAH in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 474K and a median price per square foot (PSF) of RM 287.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 474K, with most transactions falling within a stable range of RM 434K to RM 514K, and a typical market range of RM 336K to RM 611K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 287, though individual units vary from RM 224 to RM 351 in the core range. The broader market spans RM 229.00 to RM 345.00, indicating diverse property characteristics. The spread of RM 116.00 (IQR) and deviation of RM 64 (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 BUKIT INDAH, Seberang Perai Tengah, Penang

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