Area Intelligence

TAMAN GUAR PERAHU INDAH

4 properties
Double Storey Shop
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Median Price
RM 510,000
PSF: RM 427

Residential Market

Median Price

RM 189,500

IQR: RM 73
MAD: RM 23
RM 153 PSF 9.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 510,000

IQR: RM 44
MAD: RM 17
RM 427 PSF 14.3%

PSF Trends (2021-2025)

TAMAN GUAR PERAHU INDAH in Seberang Perai Tengah, Penang recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 510K and a median price per square foot (PSF) of RM 427.

This area contains both residential and commercial properties. View 10 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 510K, with most transactions falling within a stable range of RM 452K to RM 540K, and a typical market range of RM 390K to RM 540K.

Within the Double Storey Shop category, flats dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 427, with core pricing between RM 378 and RM 475. Market pricing typically extends from RM 346.13 to RM 506.88, reflecting moderate variation in unit pricing. With an IQR of RM 160.75 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN GUAR PERAHU INDAH, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

1,200 sqft
4 units Double Storey Shop
RM 540,000
JALAN GUAR PERAHU INDAH
1,195 sqft · RM 452.00 PSF
Aug 2024
RM 500,000
JALAN GUAR PERAHU INDAH
1,195 sqft · RM 418.00 PSF
Jan 2024
RM 390,000
JALAN GUAR PERAHU INDAH
1,195 sqft · RM 326.00 PSF
Mar 2023
RM 520,000
JALAN GUAR PERAHU INDAH
1,195 sqft · RM 435.00 PSF
Jan 2023