TAMAN PERDA INDAH in Seberang Perai Utara, Penang recorded 24 subsale transactions in 2024, with a median price of RM 344K and a median price per square foot (PSF) of RM 240.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 344K, with most transactions falling within a stable range of RM 249K to RM 439K, and a typical market range of RM 223K to RM 465K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 240, though individual units vary from RM 167 to RM 313 in the core range. The broader market spans RM 196.00 to RM 283.00, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 73) 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
