Area Intelligence

TAMAN GUAR PERAHU INDAH

4 properties
2023
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Median Price
RM 330,000
PSF: RM 276

Residential Market

Median Price

RM 180,000

IQR: RM 73
MAD: RM 23
RM 187 PSF 9.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 455,000

IQR: RM 44
MAD: RM 17
RM 381 PSF 14.3%

PSF Trends (2021-2025)

TAMAN GUAR PERAHU INDAH in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 276.

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 330K, with most transactions falling within a stable range of RM 172K to RM 488K, and a typical market range of RM 189K to RM 471K.

Most transactions involved flats, with high diversity across multiple property types.

Price per square foot shows a median of RM 276, though individual units vary from RM 168 to RM 384 in the core range. The broader market spans RM 195.63 to RM 356.38, indicating diverse property characteristics. A wider spread (IQR: RM 160.75) and deviation (MAD: RM 108) 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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TAMAN GUAR PERAHU INDAH, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

600 sqft
1 units Flat
RM 90,000
614 sqft · RM 147.00 PSF
Jun 2023
1,200 sqft
3 units
RM 270,000
Single Storey Terraced LORONG GUAR PERAHU INDAH 3
1,195 sqft · RM 226.00 PSF
Aug 2023
RM 390,000
Double Storey Shop JALAN GUAR PERAHU INDAH
1,195 sqft · RM 326.00 PSF
Mar 2023
RM 520,000
Double Storey Shop JALAN GUAR PERAHU INDAH
1,195 sqft · RM 435.00 PSF
Jan 2023