Penang
Seberang Perai Tengah
6
TAMAN PERAI INDAH

TAMAN PERAI INDAH

Area Intelligence

2023

Median Price

RM 60,000

PSF: RM 119

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Residential PSF Trends

Median Price

RM 60,000

PSF: RM 119

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.

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TAMAN PERAI INDAH, Seberang Perai Tengah, Penang

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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RM 60,000

Level 3

506 sqft • RM 119.00 PSF

Dec 2023

RM 72,000

Level 4

678 sqft • RM 106.00 PSF

Oct 2023

RM 55,000

Level 5

506 sqft • RM 109.00 PSF

Jul 2023

RM 85,000

Level 3

678 sqft • RM 125.00 PSF

Jun 2023

RM 60,000

Level 5

506 sqft • RM 119.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 3	RM 60,000	RM 119.00	506 sqft	Dec 2023	Low-Cost Flat
Level 4	RM 72,000	RM 106.00	678 sqft	Oct 2023	Flat
Level 5	RM 55,000	RM 109.00	506 sqft	Jul 2023	Low-Cost Flat
Level 3	RM 85,000	RM 125.00	678 sqft	Jun 2023	Condo/Apartment
Level 5	RM 60,000	RM 119.00	506 sqft	Mar 2023	Low-Cost Flat