TAMAN TANJUNG INDAH

TAMAN TANJUNG INDAH in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2022, with a median price of RM 615K and a median price per square foot (PSF) of RM 339.

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 615K, with most transactions falling within a stable range of RM 279K to RM 951K, and a typical market range of RM 351K to RM 880K.

Most transactions involved town house, with high diversity across multiple property types.

Price per square foot shows a median of RM 339, though individual units vary from RM 236 to RM 442 in the core range. The broader market spans RM 286.00 to RM 392.00, indicating diverse property characteristics. A wider spread (IQR: RM 106.00) 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.