Penang
Seberang Perai Utara
14
TAMAN TANJUNG INDAH

TAMAN TANJUNG INDAH

Area Intelligence

2023

Median Price

RM 247,500

PSF: RM 308

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Residential PSF Trends

Median Price

RM 247,500

PSF: RM 308

TAMAN TANJUNG INDAH in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 248K and a median price per square foot (PSF) of RM 308.

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 248K, with most transactions falling within a stable range of RM 195K to RM 300K, and a typical market range of RM 195K to RM 300K.

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

For price per square foot, the median is RM 308, with most transactions between RM 302 and RM 313. The usual range is RM 254.50 to RM 360.50, showing that most units are priced quite close to each other. With an IQR of RM 106.00 and MAD of RM 6, 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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