TAMAN PASIR INDAH

TAMAN PASIR INDAH in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2021, with a median price of RM 481K and a median price per square foot (PSF) of RM 349.

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 481K, with most transactions falling within a stable range of RM 420K to RM 572K, and a typical market range of RM 427K to RM 535K.

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

The median PSF stands at RM 349, with core pricing between RM 309 and RM 389. Market pricing typically extends from RM 306.25 to RM 391.75, reflecting moderate variation in unit pricing. With an IQR of RM 85.50 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.