Area Intelligence

TAMAN GUAR PERAHU INDAH

2 properties
2024
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Median Price
RM 520,000
PSF: RM 435

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 520,000

IQR: RM 44
MAD: RM 17
RM 435 PSF 14.3%

PSF Trends (2021-2025)

TAMAN GUAR PERAHU INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 520K and a median price per square foot (PSF) of RM 435.

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 520K, with most transactions falling within a stable range of RM 500K to RM 540K, and a typical market range of RM 500K to RM 540K.

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

For price per square foot, the median is RM 435, with most transactions between RM 418 and RM 452. The usual range is RM 354.63 to RM 515.38, showing that most units are priced quite close to each other. With an IQR of RM 160.75 and MAD of RM 17, 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

2 properties grouped by size

1,200 sqft
2 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