TAMAN PERAI INDAH

TAMAN PERAI INDAH in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2021, with a median price of RM 65K and a median price per square foot (PSF) of RM 96.

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 65K, with most transactions falling within a stable range of RM 40K to RM 97K, and a typical market range of RM 55K to RM 75K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 96, though individual units vary from RM 52 to RM 140 in the core range. The broader market spans RM 80.00 to RM 112.00, indicating diverse property characteristics. A wider spread (IQR: RM 32.00) and deviation (MAD: RM 44) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.