Penang
Timur Laut
13
TAMAN INDAH

TAMAN INDAH

Area Intelligence

2023

Median Price

RM 790,000

PSF: RM 661

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Residential PSF Trends

Median Price

RM 790,000

PSF: RM 661

TAMAN INDAH in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 790K and a median price per square foot (PSF) of RM 661.

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 790K, with most transactions falling within a stable range of RM 690K to RM 890K, and a typical market range of RM 738K to RM 843K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 661, with core pricing between RM 577 and RM 745. Market pricing typically extends from RM 617.00 to RM 705.00, reflecting moderate variation in unit pricing. With an IQR of RM 88.00 and MAD of RM 84, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN INDAH, Timur Laut, Penang

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