|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Kikik 6
|
RM 280,000
|
RM 292
|
958 sqft
|
|
LC House |
| 2024 | |||||
|
Lorong Kikik 2
|
RM 220,000
|
RM 232
|
947 sqft
|
|
LC House |
| 2023 | |||||
|
Lorong Kikik 4
|
RM 350,000
|
RM 370
|
947 sqft
|
|
LC House |
Other Areas in Perai
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Market Snapshot
RM 280,000
RM 292 psfMedian transaction price
RM 400,000
RM 315 psfMedian transaction price
Taman Inderawasih, Perai, Pulau Pinang, Malaysia
MapsTaman Inderawasih in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 925 and 974 sqft, with a median price of RM 280K and a median price per square foot (PSF) of RM 292.
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 280K, with most transactions falling within a stable range of RM 227K to RM 333K, and a typical market range of RM 220K to RM 350K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 292, with core pricing between RM 236 and RM 348. Market pricing typically extends from RM 222.78 to RM 361.78, reflecting moderate variation in unit pricing. The spread of RM 139.00 (IQR) and deviation of RM 56 (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. Limited transaction history suggests carefully evaluating comparable sales data.