KONDO LEMBAH INDAH (ROYALE INFINITY)

KONDO LEMBAH INDAH (ROYALE INFINITY) in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2021, with a median price of RM 477K and a median price per square foot (PSF) of RM 418.

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 477K, with most transactions falling within a stable range of RM 450K to RM 504K, and a typical market range of RM 449K to RM 532K.

Most transactions involved condominium/apartment, with minimal variety in property types.

Price per square foot shows a median of RM 418, though individual units vary from RM 323 to RM 513 in the core range. The broader market spans RM 357.50 to RM 478.50, indicating diverse property characteristics. The spread of RM 121.00 (IQR) and deviation of RM 95 (MAD) suggest moderate price variations reflecting different property features.

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.