TAMAN TERATAI INDAH in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 760K and a median price per square foot (PSF) of RM 584.
This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 760K, with most transactions falling within a stable range of RM 540K to RM 980K, and a typical market range of RM 625K to RM 895K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 584, with most transactions between RM 577 and RM 591. The usual range is RM 499.50 to RM 668.50, showing that most units are priced quite close to each other. With an IQR of RM 169.00 and MAD of RM 7, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
