Taman Inderawasih

Perai, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 229,000
PSF
RM 185
Price Size
1,200 sqft
4-Sty Shop
RM 225,000
Jalan Chain Ferry
1,216 sqft · RM 185 PSF
1,250 sqft
4-Sty Shop
RM 233,000
Jalan Chain Ferry
1,259 sqft · RM 185 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 415,000

RM 275 psf

Median transaction price

RM 229,000

RM 185 psf

Median transaction price

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Taman Inderawasih, Perai, Pulau Pinang, Malaysia

Maps

Taman Inderawasih in Seberang Perai Tengah, Penang recorded 2 4-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 229K and a median price per square foot (PSF) of RM 185.

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 229K, with most transactions falling within a stable range of RM 225K to RM 233K, and a typical market range of RM 225K to RM 233K.

Within the 4-Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 185, with most transactions between RM 185 and RM 185. The usual range is RM 115.50 to RM 254.50, showing that most units are priced quite close to each other. With an IQR of RM 139.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.