TAMAN TERUBONG INDAH in Timur Laut, Penang recorded 76 subsale transactions in 2022, with a median price of RM 135K and a median price per square foot (PSF) of RM 193.
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 135K, with most transactions falling within a stable range of RM 105K to RM 165K, and a typical market range of RM 103K to RM 167K.
Most transactions involved flats, with minimal variety in property types.
Price per square foot shows a median of RM 193, though individual units vary from RM 150 to RM 236 in the core range. The broader market spans RM 146.50 to RM 238.50, indicating diverse property characteristics. 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. Moderate transaction volume may require patience when buying or selling.
