Area Intelligence

TMN GAMELAN INDAH

16 properties
2023
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Median Price
RM 190,000
PSF: RM 170

Residential Market

Median Price

RM 190,000

IQR: RM 192
MAD: RM 70
RM 170 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 16 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 170.

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 190K, with most transactions falling within a stable range of RM 38K to RM 373K, and a typical market range of RM 38K to RM 375K.

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

Price per square foot shows a median of RM 170, though individual units vary from RM 53 to RM 286 in the core range. The broader market spans RM 74.63 to RM 264.38, indicating diverse property characteristics. A wider spread (IQR: RM 189.75) and deviation (MAD: RM 116) 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

16 properties grouped by size

600 sqft
8 units Low-Cost Flat
RM 95,000
603 sqft · RM 158.00 PSF
Dec 2023
RM 79,000
603 sqft · RM 131.00 PSF
Oct 2023
RM 55,000
603 sqft · RM 91.00 PSF
Oct 2023
RM 87,000
603 sqft · RM 144.00 PSF
Sep 2023
RM 75,000
603 sqft · RM 124.00 PSF
May 2023
RM 55,000
624 sqft · RM 88.00 PSF
Mar 2023
RM 38,000
624 sqft · RM 61.00 PSF
Mar 2023
RM 70,000
624 sqft · RM 112.00 PSF
Feb 2023
1,100 sqft
1 units Single Storey Terraced
RM 285,000
LORONG BAKAP INDAH 4
1,098 sqft · RM 260.00 PSF
Aug 2023
1,200 sqft
1 units Double Storey Terraced
RM 500,000
LRG GAMELAN INDAH 11/3
1,206 sqft · RM 415.00 PSF
Feb 2023
1,300 sqft
5 units Double Storey Terraced
RM 450,000
LRG. GAMELAN INDAH 7
1,302 sqft · RM 346.00 PSF
Aug 2023
RM 440,000
LORONG GAMELAN INDAH 7
1,302 sqft · RM 338.00 PSF
Apr 2023
RM 439,000
LORONG GAMELAN INDAH 10
1,292 sqft · RM 340.00 PSF
Apr 2023
RM 460,000
LRG GAMELAN INDAH 8
1,302 sqft · RM 353.00 PSF
Mar 2023
RM 450,000
LRG GAMELAN INDAH 5
1,302 sqft · RM 346.00 PSF
Jan 2023
2,000 sqft
1 units Single Storey Terraced
RM 365,000
LRG GAMELAN INDAH 13/1
2,013 sqft · RM 181.00 PSF
Jun 2023