Area Intelligence

TAMAN SEJAHTERA INDAH (SPU)

8 properties
2022
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Median Price
RM 275,000
PSF: RM 230

Residential Market

Median Price

RM 275,000

IQR: RM 66
MAD: RM 46
RM 230 PSF 12.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 395,000

RM 278 PSF

PSF Trends (2021-2025)

TAMAN SEJAHTERA INDAH (SPU) in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2022, with a median price of RM 275K and a median price per square foot (PSF) of RM 230.

This area contains both residential and commercial properties. View 13 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 275K, with most transactions falling within a stable range of RM 185K to RM 310K, and a typical market range of RM 225K to RM 310K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 230, though individual units vary from RM 178 to RM 282 in the core range. The broader market spans RM 194.00 to RM 266.00, indicating diverse property characteristics. The spread of RM 72.00 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.

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 SEJAHTERA INDAH (SPU), Seberang Perai Utara, Penang

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Transactions

8 properties grouped by size

650 sqft
2 units Low-Cost Flat
RM 90,000
635 sqft · RM 142.00 PSF
Dec 2022
RM 70,000
635 sqft · RM 110.00 PSF
Aug 2022
1,200 sqft
6 units Single Storey Terraced
RM 300,000
LORONG SEJAHTERA INDAH 7
1,195 sqft · RM 251.00 PSF
Dec 2022
RM 270,000
LORONG SEJAHTERA INDAH 4
1,195 sqft · RM 226.00 PSF
Oct 2022
RM 310,000
LORONG SEJAHTERA INDAH 4
1,195 sqft · RM 259.00 PSF
Aug 2022
RM 280,000
LORONG SEJAHTERA INDAH 4
1,195 sqft · RM 234.00 PSF
Mar 2022
RM 300,000
LORONG SEJAHTERA INDAH 4
1,195 sqft · RM 251.00 PSF
Mar 2022
RM 230,000
LORONG SEJAHTERA INDAH 8
1,195 sqft · RM 193.00 PSF
Jan 2022