| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Kikik 6
|
RM 280,000
|
RM 292
|
958 sqft
|
|
|
|
Lorong Kikik 2
|
RM 220,000
|
RM 232
|
947 sqft
|
|
|
|
Lorong Kikik 4
|
RM 350,000
|
RM 370
|
947 sqft
|
|
|
Lorong Kikik 5
|
RM 350,000
|
RM 325
|
1,076 sqft
|
|
|
|
Lorong Kikik 1
|
RM 253,000
|
RM 230
|
1,098 sqft
|
|
|
|
Lorong Kikik 5
|
RM 280,000
|
RM 260
|
1,076 sqft
|
|
|
|
Lorong Kikik 2
|
RM 268,000
|
RM 249
|
1,076 sqft
|
|
|
Lorong Kikik 1
|
RM 320,000
|
RM 160
|
2,002 sqft
|
|
Other Areas in Perai
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Market Snapshot
RM 280,000
RM 255 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 8 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM 280K and a median price per square foot (PSF) of RM 255.
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 280K, with most transactions falling within a stable range of RM 237K to RM 323K, and a typical market range of RM 220K to RM 350K.
Within the Low-Cost House 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 255, though individual units vary from RM 194 to RM 315 in the core range. The broader market spans RM 185.05 to RM 324.05, indicating diverse property characteristics. The spread of RM 139.00 (IQR) and deviation of RM 60 (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.