Penang
Seberang Perai Utara
14
TAMAN TANJUNG INDAH

TAMAN TANJUNG INDAH

Area Intelligence

2022

Median Price

RM 615,000

PSF: RM 339

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Residential PSF Trends

Median Price

RM 615,000

PSF: RM 339

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 1.05 million to RM 690K, and a typical market range of RM 1.05 million to RM 880K.

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

For price per square foot, the median is RM 339, with most transactions between RM 329 and RM 349. The usual range is RM 286.00 to RM 392.00, showing that most units are priced quite close to each other. With an IQR of RM 106.00 and MAD of RM 10, 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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