TAMAN SRI INDAH (LONE PINE)

TAMAN SRI INDAH (LONE PINE) in Timur Laut, Penang recorded 15 subsale transactions in 2022, with a median price of RM 195K and a median price per square foot (PSF) of RM 370.

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 195K, with most transactions falling within a stable range of RM 167K to RM 223K, and a typical market range of RM 162K to RM 229K.

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

The median PSF stands at RM 370, with core pricing between RM 325 and RM 415. Market pricing typically extends from RM 329.00 to RM 411.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.