Area Intelligence

TMN GAMELAN INDAH

26 properties
Low-Cost Flat
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Median Price
RM 70,000
PSF: RM 114

Residential Market

Median Price

RM 70,000

IQR: RM 192
MAD: RM 70
RM 114 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 26 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 70K and a median price per square foot (PSF) of RM 114.

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 70K, with most transactions falling within a stable range of RM 53K to RM 87K, and a typical market range of RM 32K to RM 95K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 114, though individual units vary from RM 85 to RM 142 in the core range. The broader market spans RM 18.63 to RM 208.38, indicating diverse property characteristics. A wider spread (IQR: RM 189.75) and deviation (MAD: RM 29) 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN GAMELAN INDAH, Seberang Perai Selatan, Penang

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Transactions

26 properties grouped by size

600 sqft
26 units (showing 6) Low-Cost Flat
RM 60,000
624 sqft · RM 96.00 PSF
Jan 2025
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