TAMAN SERI INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2022, with a median price of RM 325K and a median price per square foot (PSF) of RM 227.
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 325K, with most transactions falling within a stable range of RM 298K to RM 325K, and a typical market range of RM 270K to RM 325K.
Most transactions involved low-cost house, with high diversity across multiple property types.
For price per square foot, the median is RM 227, with most transactions between RM 218 and RM 237. The usual range is RM 171.63 to RM 282.38, showing that most units are priced quite close to each other. With an IQR of RM 110.75 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
