Area Intelligence

TAMAN PENAGA INDAH

10 properties
2024
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Median Price
RM 504,000
PSF: RM 213

Residential Market

Median Price

RM 504,000

IQR: RM 6
MAD: RM 1
RM 213 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PENAGA INDAH in Seberang Perai Utara, Penang recorded 10 subsale transactions in 2024, with a median price of RM 504K and a median price per square foot (PSF) of RM 213.

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 504K, with most transactions falling within a stable range of RM 484K to RM 550K, and a typical market range of RM 484K to RM 531K.

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

The median PSF stands at RM 213, with core pricing between RM 190 and RM 235. Market pricing typically extends from RM 199.50 to RM 225.50, reflecting moderate variation in unit pricing. With an IQR of RM 26.00 and MAD of RM 23, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PENAGA INDAH, Seberang Perai Utara, Penang

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Transactions

10 properties grouped by size

2,250 sqft
2 units Single Storey Semi-D
RM 499,000
JALAN BAWAH PENAGA
2,250 sqft · RM 222.00 PSF
Sep 2024
RM 484,000
JALAN BAWAH PENAGA
2,250 sqft · RM 215.00 PSF
Aug 2024
2,350 sqft
5 units Single Storey Semi-D
RM 484,000
JALAN BAWAH PENAGA
2,336 sqft · RM 207.00 PSF
Aug 2024
RM 493,000
JALAN BAWAH PENAGA
2,336 sqft · RM 211.00 PSF
Aug 2024
RM 499,000
JALAN BAWAH PENAGA
2,336 sqft · RM 214.00 PSF
Aug 2024
RM 509,000
JALAN BAWAH PENAGA
2,336 sqft · RM 218.00 PSF
Aug 2024
RM 509,000
JALAN BAWAH PENAGA
2,336 sqft · RM 218.00 PSF
Jun 2024
3,350 sqft
1 units Detached
RM 583,000
JALAN BAWAH PENAGA
3,348 sqft · RM 174.00 PSF
Jun 2024
3,650 sqft
1 units Detached
RM 595,000
JALAN BAWAH PENAGA
3,649 sqft · RM 163.00 PSF
Jun 2024
3,700 sqft
1 units Detached
RM 605,000
JALAN BAWAH PENAGA
3,681 sqft · RM 164.00 PSF
Nov 2024