Area Intelligence

TAMAN SEJAHTERA INDAH (SPU)

5 properties
2024
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Median Price
RM 350,000
PSF: RM 293

Residential Market

Median Price

RM 350,000

IQR: RM 66
MAD: RM 46
RM 293 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 5 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 293.

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 350K, with most transactions falling within a stable range of RM 242K to RM 445K, and a typical market range of RM 300K to RM 400K.

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

The median PSF stands at RM 293, with core pricing between RM 247 and RM 339. Market pricing typically extends from RM 257.00 to RM 329.00, reflecting moderate variation in unit pricing. The spread of RM 72.00 (IQR) and deviation of RM 46 (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

5 properties grouped by size

650 sqft
1 units Low-Cost Flat
RM 120,000
635 sqft · RM 189.00 PSF
Jan 2024
1,200 sqft
3 units Single Storey Terraced
RM 295,000
LORONG SEJAHTERA INDAH 7
1,195 sqft · RM 247.00 PSF
Nov 2024
RM 355,000
LORONG SEJAHTERA INDAH 6
1,195 sqft · RM 297.00 PSF
Jun 2024
RM 350,000
LORONG SEJAHTERA INDAH 7
1,195 sqft · RM 293.00 PSF
Feb 2024
1,400 sqft
1 units Double Storey Terraced
RM 445,000
LORONG SEJAHTERA INDAH 3
1,399 sqft · RM 318.00 PSF
Sep 2024