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 50K to RM 70K, and a typical market range of RM 50K to RM 70K.

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

The median PSF stands at RM 119, with core pricing between RM 106 and RM 132. Market pricing typically extends from RM 103.00 to RM 135.00, 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.

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TAMAN PERAI INDAH, Seberang Perai Tengah, Penang

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