Area Intelligence

TMN GAMELAN INDAH

18 properties
2024
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Median Price
RM 375,000
PSF: RM 233

Residential Market

Median Price

RM 400,000

IQR: RM 192
MAD: RM 70
RM 224 PSF 0.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 350,000

RM 241 PSF

PSF Trends (2021-2025)

TMN GAMELAN INDAH in Seberang Perai Selatan, Penang recorded 18 subsale transactions in 2024, with a median price of RM 375K and a median price per square foot (PSF) of RM 233.

This area contains both residential and commercial properties. View 51 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 375K, with most transactions falling within a stable range of RM 168K to RM 582K, and a typical market range of RM 190K to RM 560K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 233, though individual units vary from RM 139 to RM 326 in the core range. The broader market spans RM 137.63 to RM 327.38, indicating diverse property characteristics. A wider spread (IQR: RM 189.75) and deviation (MAD: RM 93) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN GAMELAN INDAH, Seberang Perai Selatan, Penang

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Transactions

18 properties grouped by size

600 sqft
6 units Low-Cost Flat
RM 84,000
606 sqft · RM 139.00 PSF
Nov 2024
RM 53,000
624 sqft · RM 85.00 PSF
Aug 2024
RM 72,000
624 sqft · RM 115.00 PSF
Jul 2024
RM 75,000
624 sqft · RM 120.00 PSF
Jun 2024
RM 70,000
603 sqft · RM 116.00 PSF
Mar 2024
RM 92,000
624 sqft · RM 147.00 PSF
Feb 2024
1,100 sqft
2 units Single Storey Terraced
RM 300,000
LORONG BAKAP INDAH 4
1,098 sqft · RM 273.00 PSF
Jul 2024
RM 290,000
LORONG BAKAP INDAH 4
1,098 sqft · RM 264.00 PSF
May 2024
1,200 sqft
2 units Double Storey Terraced
RM 460,000
LORONG GAMELAN INDAH 11/2
1,206 sqft · RM 382.00 PSF
Jul 2024
RM 500,000
LORONG GAMELAN INDAH 11/2
1,206 sqft · RM 415.00 PSF
Jun 2024
1,300 sqft
2 units Double Storey Terraced
RM 400,000
LRG GAMELAN INDAH 7
1,302 sqft · RM 307.00 PSF
Feb 2024
RM 416,000
LRG. GAMELAN INDAH 7
1,302 sqft · RM 319.00 PSF
Jan 2024
1,450 sqft
1 units Shop/Retail Lot
RM 350,000
1,453 sqft · RM 241.00 PSF
Mar 2024
1,950 sqft
1 units Double Storey Terraced
RM 590,000
LRG GAMELAN INDAH 10
1,948 sqft · RM 303.00 PSF
Mar 2024
2,200 sqft
1 units Single Storey Terraced
RM 408,000
LORONG BAKAP INDAH 12
2,207 sqft · RM 185.00 PSF
Mar 2024
2,300 sqft
1 units Double Storey Terraced
RM 500,000
LORONG GAMELAN INDAH 12
2,282 sqft · RM 219.00 PSF
May 2024
2,800 sqft
2 units Double Storey Semi-D
RM 628,000
SOLOK GAMELAN INDAH
2,799 sqft · RM 224.00 PSF
May 2024
RM 688,000
SOLOK GAMELAN INDAH
2,799 sqft · RM 246.00 PSF
Jan 2024