TMN BUKIT INDAH

TMN BUKIT INDAH in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 470K and a median price per square foot (PSF) of RM 361.

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 470K, with most transactions falling within a stable range of RM 424K to RM 500K, and a typical market range of RM 373K to RM 500K.

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

The median PSF stands at RM 361, with core pricing between RM 318 and RM 404. Market pricing typically extends from RM 297.50 to RM 424.50, reflecting moderate variation in unit pricing. With an IQR of RM 127.00 and MAD of RM 43, 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.