Area Intelligence

TMN TANJUNG INDAH

2 properties
2021
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Median Price
RM 225,000
PSF: RM 295

Residential Market

Median Price

RM 225,000

IQR: RM 106
MAD: RM 40
RM 295 PSF 1.3%

PSF Trends (2021-2025)

TMN TANJUNG INDAH in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 225K and a median price per square foot (PSF) of RM 295.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 225K, with most transactions falling within a stable range of RM 180K to RM 270K, and a typical market range of RM 180K to RM 270K.

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

For price per square foot, the median is RM 295, with most transactions between RM 279 and RM 310. The usual range is RM 241.50 to RM 347.50, showing that most units are priced quite close to each other. With an IQR of RM 106.00 and MAD of RM 16, 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. 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 TANJUNG INDAH, Seberang Perai Utara, Penang

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Transactions

2 properties found

Condo/Apartment
RM 270,000
872 sqft Dec 2021
RM 310.00 PSF
Low-Cost Flat
RM 180,000
646 sqft Apr 2021
RM 279.00 PSF