TAMAN INDERAWASIH

TAMAN INDERAWASIH in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 430K and a median price per square foot (PSF) of RM 314.

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 430K, with most transactions falling within a stable range of RM 377K to RM 483K, and a typical market range of RM 320K to RM 500K.

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

The median PSF stands at RM 314, with core pricing between RM 258 and RM 370. Market pricing typically extends from RM 244.94 to RM 383.94, 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.