TAMAN PERAI INDAH

TAMAN PERAI INDAH in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 60K and a median price per square foot (PSF) of RM 119.

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 60K, with most transactions falling within a stable range of RM 55K to RM 71K, and a typical market range of RM 55K to RM 70K.

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

For price per square foot, the median is RM 119, with most transactions between RM 112 and RM 126. The usual range is RM 103.00 to RM 135.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

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.