TAMAN PANTAI INDAH in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 1.34 million and a median price per square foot (PSF) of RM 476.
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 1.34 million, with most transactions falling within a stable range of RM 1.17 million to RM 1.51 million, and a typical market range of RM 1.21 million to RM 1.46 million.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 476, with core pricing between RM 388 and RM 564. Market pricing typically extends from RM 370.25 to RM 581.75, reflecting moderate variation in unit pricing. The spread of RM 211.50 (IQR) and deviation of RM 88 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
