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 437K to RM 547K, and a typical market range of RM 438K to RM 545K.

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 309 and RM 397. Market pricing typically extends from RM 309.75 to RM 395.25, reflecting moderate variation in unit pricing. With an IQR of RM 85.50 and MAD of RM 44, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.