TAMAN PASIR INDAH

TAMAN PASIR INDAH in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2022, with a median price of RM 492K and a median price per square foot (PSF) of RM 353.

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 492K, with most transactions falling within a stable range of RM 450K to RM 624K, and a typical market range of RM 450K to RM 546K.

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

The median PSF stands at RM 353, with core pricing between RM 295 and RM 410. Market pricing typically extends from RM 309.75 to RM 395.25, reflecting moderate variation in unit pricing. The spread of RM 85.50 (IQR) and deviation of RM 57 (MAD) suggest moderate price variations reflecting different property features.

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.