TAMAN LEMBAH INDAH

Area Intelligence
2024
Median Price
RM 599,500
PSF: RM 367

Residential PSF Trends

Median Price

RM 499,000

PSF: RM 350

TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 367.

This area contains both residential and commercial properties. View 38 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 600K, with most transactions falling within a stable range of RM 592K to RM 499K, and a typical market range of RM 492K to RM 499K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 367, with most transactions between RM 349 and RM 384. The usual range is RM 326.25 to RM 406.75, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN LEMBAH INDAH, Seberang Perai Tengah, Penang

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Transactions

3 transactions found

RM 490,000
LORONG LEMBAH INDAH 3
1,399 sqft RM 350.00 PSF
RM 499,000
LORONG LEMBAH INDAH 3
1,302 sqft RM 383.00 PSF
RM 480,000
LORONG LEMBAH INDAH 4
1,399 sqft RM 343.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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