| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM 115,000
|
RM 218
|
527 sqft
|
|
|
|
Level 1
|
RM 120,000
|
RM 228
|
527 sqft
|
|
|
|
Level 2
|
RM 73,000
|
RM 138
|
527 sqft
|
|
|
|
Level 2
|
RM 56,000
|
RM 106
|
527 sqft
|
|
|
|
Level 1
|
RM 110,000
|
RM 209
|
527 sqft
|
|
|
|
Level 2
|
RM 90,000
|
RM 171
|
527 sqft
|
|
Other Areas in Perai
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Market Snapshot
RM 74,000
RM 140 psfMedian transaction price
RM 400,000
RM 315 psfMedian transaction price
Taman Inderawasih, Perai, Pulau Pinang, Malaysia
MapsTaman Inderawasih in Seberang Perai Tengah, Penang recorded 27 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 74K and a median price per square foot (PSF) of RM 140.
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 74K, with most transactions falling within a stable range of RM 55K to RM 93K, and a typical market range of RM 45K to RM 120K.
Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 140, though individual units vary from RM 103 to RM 177 in the core range. The broader market spans RM 70.80 to RM 209.80, indicating diverse property characteristics. A wider spread (IQR: RM 139.00) and deviation (MAD: RM 37) 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.