TAMAN GUAR PERAHU INDAH in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 276.
This area contains both residential and commercial properties. View 10 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 330K, with most transactions falling within a stable range of RM 148K to RM 513K, and a typical market range of RM 189K to RM 471K.
Most transactions involved flats, with high diversity across multiple property types.
Price per square foot shows a median of RM 276, though individual units vary from RM 214 to RM 338 in the core range. The broader market spans RM 195.63 to RM 356.38, indicating diverse property characteristics. The spread of RM 160.75 (IQR) and deviation of RM 62 (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.
