Penang
Seberang Perai Tengah
15
TAMAN BUKIT INDAH

TAMAN BUKIT INDAH

Area Intelligence

2021

Median Price

RM 425,000

PSF: RM 205

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Residential PSF Trends

Median Price

RM 425,000

PSF: RM 205

TAMAN 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 205.

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 350K to RM 500K.

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 205, though individual units vary from RM 141 to RM 269 in the core range. The broader market spans RM 147.00 to RM 263.00, indicating diverse property characteristics. A wider spread (IQR: RM 116.00) and deviation (MAD: RM 64) indicate significant PSF variations, likely due to diverse property types or conditions.

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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