TAMAN SERI INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 219.
This area contains both residential and commercial properties. View 11 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 240K, with most transactions falling within a stable range of RM 215K to RM 454K, and a typical market range of RM 215K to RM 333K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 219, though individual units vary from RM 132 to RM 306 in the core range. The broader market spans RM 163.63 to RM 274.38, indicating diverse property characteristics. A wider spread (IQR: RM 110.75) and deviation (MAD: RM 87) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
