TAMAN INDERAWASIH

TAMAN INDERAWASIH in Seberang Perai Tengah, Penang recorded 17 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 485K and a median price per square foot (PSF) of RM 329.

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 485K, with most transactions falling within a stable range of RM 416K to RM 554K, and a typical market range of RM 355K to RM 600K.

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

The median PSF stands at RM 329, with core pricing between RM 266 and RM 393. Market pricing typically extends from RM 259.94 to RM 398.94, reflecting moderate variation in unit pricing. The spread of RM 139.00 (IQR) and deviation of RM 64 (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.