Penang
Timur Laut
13
TAMAN SRI INDAH (LONE PINE)

TAMAN SRI INDAH (LONE PINE)

Area Intelligence

2021

Median Price

RM 172,500

PSF: RM 331

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Residential PSF Trends

Median Price

RM 172,500

PSF: RM 331

TAMAN SRI INDAH (LONE PINE) in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 173K and a median price per square foot (PSF) of RM 331.

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 173K, with most transactions falling within a stable range of RM 145K to RM 200K, and a typical market range of RM 145K to RM 200K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 331, with core pricing between RM 275 and RM 387. Market pricing typically extends from RM 290.00 to RM 372.00, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 56 (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.

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TAMAN SRI INDAH (LONE PINE), Timur Laut, Penang

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