Penang
Seberang Perai Utara
14
TAMAN TANJUNG INDAH

TAMAN TANJUNG INDAH

Area Intelligence

2022

Median Price

RM 261,000

PSF: RM 288

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Residential PSF Trends

Median Price

RM 261,000

PSF: RM 288

TAMAN TANJUNG INDAH in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 261K and a median price per square foot (PSF) of RM 288.

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 261K, with most transactions falling within a stable range of RM 254K to RM 268K, and a typical market range of RM 254K to RM 268K.

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

For price per square foot, the median is RM 288, with most transactions between RM 265 and RM 311. The usual range is RM 235.00 to RM 341.00, showing that most units are priced quite close to each other. With an IQR of RM 106.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

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 TANJUNG INDAH, Seberang Perai Utara, Penang

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