TAMAN INDERAWASIH

Area Intelligence
5 subsale transactions
Double Storey Shop
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Median Price
RM 600,000
PSF: RM 315

Residential PSF Trends

Median Price

RM 415,000

PSF: RM 275

Commercial PSF Trends

Median Price

RM 600,000

RM 315 PSF

TAMAN INDERAWASIH in Seberang Perai Tengah, Penang recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 600K 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 600K, with most transactions falling within a stable range of RM 550K to RM 702K, and a typical market range of RM 550K to RM 786K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 315, with core pricing between RM 280 and RM 350. Market pricing typically extends from RM 245.50 to RM 384.50, reflecting moderate variation in unit pricing. With an IQR of RM 139.00 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN INDERAWASIH, Seberang Perai Tengah, Penang

OSM

Transactions

5 transactions grouped by size

1,650 sqft
Double Storey Shop
RM 580,000
JALAN. PERAI
1,625 sqft · RM 357.00 PSF
Jan 2023
1,900 sqft
Double Storey Shop
RM 725,000
JALAN. PERAI
1,905 sqft · RM 381.00 PSF
Aug 2024
1,950 sqft
Double Storey Shop
RM 550,000
JALAN PERAI
1,938 sqft · RM 284.00 PSF
Dec 2022
RM 600,000
JALAN KIKIK
1,927 sqft · RM 311.00 PSF
Mar 2022
2,600 sqft
Double Storey Shop
RM 820,000
TKT KIKIK 4
2,605 sqft · RM 315.00 PSF
Jan 2024