TAMAN INDERAWASIH in Seberang Perai Tengah, Penang recorded 43 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 260.
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 360K, with most transactions falling within a stable range of RM 182K to RM 538K, and a typical market range of RM 175K to RM 546K.
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 260, though individual units vary from RM 187 to RM 333 in the core range. The broader market spans RM 190.50 to RM 329.50, indicating diverse property characteristics. A wider spread (IQR: RM 139.00) and deviation (MAD: RM 73) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
