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 175K to RM 305K, and a typical market range of RM 148K to RM 333K.
Most transactions involved low-cost house, with high diversity across multiple property types.
The median PSF stands at RM 219, with core pricing between RM 185 and RM 253. Market pricing typically extends from RM 163.63 to RM 274.38, reflecting moderate variation in unit pricing. The spread of RM 110.75 (IQR) and deviation of RM 34 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
