KONDO LEMBAH INDAH (ROYALE INFINITY)

KONDO LEMBAH INDAH (ROYALE INFINITY) in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 389.

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 360K, with most transactions falling within a stable range of RM 286K to RM 434K, and a typical market range of RM 299K to RM 421K.

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

The median PSF stands at RM 389, with core pricing between RM 329 and RM 448. Market pricing typically extends from RM 328.50 to RM 448.50, reflecting moderate variation in unit pricing. The spread of RM 120.00 (IQR) and deviation of RM 60 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.