Area Intelligence

TAMAN TERATAI INDAH

3 properties
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Median Price
RM 980,000
PSF: RM 591

Residential Market

Median Price

RM 870,000

IQR: RM 4
MAD: RM 4
RM 588 PSF 0.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,300,000

RM 922 PSF

PSF Trends (2021-2025)

TAMAN TERATAI INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 980K and a median price per square foot (PSF) of RM 591.

This area contains both residential and commercial properties. View 2 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 980K, with most transactions falling within a stable range of RM 760K to RM 1.20 million, and a typical market range of RM 845K to RM 1.12 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 591, with most transactions between RM 584 and RM 598. The usual range is RM 506.50 to RM 675.50, showing that most units are priced quite close to each other. With an IQR of RM 169.00 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN TERATAI INDAH, Seberang Perai Utara, Penang

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Transactions

3 properties grouped by size

1,300 sqft
1 units Double Storey Terraced
RM 760,000
LORONG TERATAI INDAH 4
1,302 sqft · RM 584.00 PSF
Nov 2022
1,400 sqft
1 units 3-Storey Storey Shop
RM 1,300,000
JLN KPG BARU
1,410 sqft · RM 922.00 PSF
Dec 2023
1,650 sqft
1 units Double Storey Terraced
RM 980,000
LRG TERATAI INDAH 4
1,658 sqft · RM 591.00 PSF
Jun 2024