Taman Bukit Indah
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 425,000
RM 181 psfMedian transaction price
Taman Bukit Indah, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bukit Indah in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 425K and a median price per square foot (PSF) of RM 181.
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 425K, with most transactions falling within a stable range of RM 350K to RM 500K, and a typical market range of RM 359K to RM 491K.
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 181, though individual units vary from RM 141 to RM 221 in the core range. The broader market spans RM 131.36 to RM 230.61, indicating diverse property characteristics. The spread of RM 99.25 (IQR) and deviation of RM 40 (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.