TMN BUKIT INDAH

TMN BUKIT INDAH in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 464K and a median price per square foot (PSF) of RM 263.

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 464K, with most transactions falling within a stable range of RM 373K to RM 627K, and a typical market range of RM 373K to RM 639K.

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 263, though individual units vary from RM 208 to RM 318 in the core range. The broader market spans RM 199.50 to RM 326.50, indicating diverse property characteristics. The spread of RM 127.00 (IQR) and deviation of RM 55 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.