TAMAN TERUBONG INDAH in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM 160K and a median price per square foot (PSF) of RM 229.
This area contains both residential and commercial properties. View 192 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 160K, with most transactions falling within a stable range of RM 130K to RM 190K, and a typical market range of RM 128K to RM 192K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 229, with core pricing between RM 186 and RM 272. Market pricing typically extends from RM 183.00 to RM 275.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 43 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
