TAMAN TERUBONG INDAH

TAMAN TERUBONG INDAH in Timur Laut, Penang recorded 48 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 243.

This area contains both residential and commercial properties. View 185 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 170K, with most transactions falling within a stable range of RM 134K to RM 206K, and a typical market range of RM 138K to RM 203K.

Most transactions involved flats, with minimal variety in property types.

Price per square foot shows a median of RM 243, though individual units vary from RM 191 to RM 295 in the core range. The broader market spans RM 196.50 to RM 289.50, indicating diverse property characteristics. The spread of RM 93.00 (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. Moderate transaction volume may require patience when buying or selling.