TAMAN TERUBONG INDAH in Timur Laut, Penang recorded 21 subsale transactions in 2021, with a median price of RM 150K and a median price per square foot (PSF) of RM 214.
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 150K, with most transactions falling within a stable range of RM 122K to RM 178K, and a typical market range of RM 118K to RM 182K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 214, with core pricing between RM 174 and RM 254. Market pricing typically extends from RM 168.00 to RM 260.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 40 (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. Moderate transaction volume may require patience when buying or selling.
