Taman Inderawasih

Perai, Pulau Pinang, Malaysia

Property Transactions

13 subsales grouped by size

Median
RM 385,000
PSF
RM 275
Price Size
550 sqft
LC Flat
RM 70,000
Level 1
527 sqft · RM 133 PSF
RM 45,000
Level 4
527 sqft · RM 85 PSF
RM 75,000
Level 3
527 sqft · RM 142 PSF
1,100 sqft
Shop
RM 470,000
Level G
1,119 sqft · RM 420 PSF
1,200 sqft
Shop
RM 240,000
Level 1
1,216 sqft · RM 197 PSF
1,250 sqft
Shop
RM 220,000
Level 2
1,259 sqft · RM 175 PSF
RM 170,000
Level 3
1,259 sqft · RM 135 PSF
RM 385,000
Tingkat Kikik 5
1,399 sqft · RM 275 PSF
RM 400,000
Tkt Kikik 3
1,399 sqft · RM 286 PSF
RM 400,000
Medan Kikik 1
1,378 sqft · RM 290 PSF
1,450 sqft
2-Sty Terrace
RM 570,000
Lengkok Kikik 4
1,432 sqft · RM 398 PSF
RM 478,000
Tingkat Kikik 8
1,464 sqft · RM 327 PSF
3,750 sqft
Terrace Factory
RM 1,200,000
Lengkok Kikik 3
3,746 sqft · RM 320 PSF
13
transactions

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Market Snapshot

RM 392,500

RM 281 psf

Median transaction price

RM 240,000

RM 197 psf

Median transaction price

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Taman Inderawasih, Perai, Pulau Pinang, Malaysia

Maps

Taman Inderawasih in Seberang Perai Tengah, Penang recorded 13 subsale transactions in 2021, with a median price of RM 385K and a median price per square foot (PSF) of RM 275.

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 385K, with most transactions falling within a stable range of RM 92K to RM 678K, and a typical market range of RM 200K to RM 571K.

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 275, though individual units vary from RM 172 to RM 379 in the core range. The broader market spans RM 205.64 to RM 344.64, indicating diverse property characteristics. A wider spread (IQR: RM 139.00) and deviation (MAD: RM 103) 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. Limited transaction history suggests carefully evaluating comparable sales data.