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 608K to RM 615K, and a typical market range of RM 600K to RM 615K.

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 255 to RM 424 in the core range. The broader market spans RM 286.00 to RM 392.00, indicating diverse property characteristics. The spread of RM 106.00 (IQR) and deviation of RM 85 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TANJUNG INDAH, Seberang Perai Utara, Penang

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