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 -67,500 to RM 563K, and a typical market range of RM -17,000 to RM 512K.
Most transactions involved town house, with high diversity across multiple property types.
The median PSF stands at RM 308, with core pricing between RM 268 and RM 348. Market pricing typically extends from RM 254.50 to RM 360.50, reflecting moderate variation in unit pricing. With an IQR of RM 106.00 and MAD of RM 40, 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.