TAMAN INDERAWASIH

Area Intelligence
2024
Median Price
RM 495,000
PSF: RM 315

Residential PSF Trends

Median Price

RM 465,000

PSF: RM 298

Commercial PSF Trends

Median Price

RM 820,000

RM 381 PSF

TAMAN INDERAWASIH in Seberang Perai Tengah, Penang recorded 43 subsale transactions in 2024, with a median price of RM 495K and a median price per square foot (PSF) of RM 315.

This area contains both residential and commercial properties. View 110 residential properties or 33 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 495K, with most transactions falling within a stable range of RM 317K to RM 673K, and a typical market range of RM 310K to RM 681K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 315, though individual units vary from RM 242 to RM 388 in the core range. The broader market spans RM 245.50 to RM 384.50, indicating diverse property characteristics. The spread of RM 139.00 (IQR) and deviation of RM 73 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN INDERAWASIH, Seberang Perai Tengah, Penang

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