Penang
Seberang Perai Utara
12
TAMAN PERDA INDAH

TAMAN PERDA INDAH

Area Intelligence

2021

Median Price

RM 107,000

PSF: RM 53

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Residential PSF Trends

Median Price

RM 107,000

PSF: RM 53

TAMAN PERDA INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 107K and a median price per square foot (PSF) of RM 53.

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 107K, with most transactions falling within a stable range of RM 107K to RM 207K, and a typical market range of RM 107K to RM 228K.

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 53, though individual units vary from RM 6 to RM 100 in the core range. The broader market spans RM 9.50 to RM 96.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 47) 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.

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TAMAN PERDA INDAH, Seberang Perai Utara, Penang

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