Area Intelligence

TMN GAMELAN INDAH

2 properties
2021
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Median Price
RM 245,000
PSF: RM 222

Residential Market

Median Price

RM 245,000

IQR: RM 192
MAD: RM 70
RM 222 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 2 subsale transactions in 2021, with a median price of RM 245K and a median price per square foot (PSF) of RM 222.

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 245K, with most transactions falling within a stable range of RM 75K to RM 415K, and a typical market range of RM 75K to RM 415K.

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

Price per square foot shows a median of RM 222, though individual units vary from RM 124 to RM 319 in the core range. The broader market spans RM 126.63 to RM 316.38, indicating diverse property characteristics. A wider spread (IQR: RM 189.75) and deviation (MAD: RM 98) 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

2 properties grouped by size

600 sqft
1 units Low-Cost Flat
RM 75,000
603 sqft · RM 124.00 PSF
Dec 2021
1,300 sqft
1 units Double Storey Terraced
RM 415,000
LRG GAMELAN INDAH 10
1,302 sqft · RM 319.00 PSF
Dec 2021