TAMAN PERAI INDAH

TAMAN PERAI INDAH in Seberang Perai Tengah, Penang recorded 14 subsale transactions in 2022, with a median price of RM 73K and a median price per square foot (PSF) of RM 115.

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 73K, with most transactions falling within a stable range of RM 63K to RM 83K, and a typical market range of RM 63K to RM 83K.

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

The median PSF stands at RM 115, with core pricing between RM 102 and RM 128. Market pricing typically extends from RM 99.00 to RM 131.00, reflecting moderate variation in unit pricing. With an IQR of RM 32.00 and MAD of RM 13, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.