Taman Lembah Indah
14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Lembah Indah 8
|
RM 1,557,000
|
RM 389
|
4,004 sqft
|
|
Bungalow |
| 2023 | |||||
|
Lorong Lembah Indah 8
|
RM 1,168,000
|
RM 292
|
4,004 sqft
|
|
Bungalow |
|
Lorong Lembah Indah 8
|
RM 1,300,000
|
RM 326
|
3,993 sqft
|
|
Bungalow |
| 2022 | |||||
|
Lorong Lembah Indah 8
|
RM 1,557,000
|
RM 389
|
4,004 sqft
|
|
Bungalow |
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Market Snapshot
ResidentialRM 1,428,500
RM 357 psfMedian transaction price
14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Lembah Indah in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 3,975 and 4,024 sqft, with a median price of RM 1.43 million and a median price per square foot (PSF) of RM 357.
This area contains both residential and commercial properties. View 39 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 1.43 million, with most transactions falling within a stable range of RM 1.26 million to RM 1.56 million, and a typical market range of RM 1.32 million to RM 1.53 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 357, with core pricing between RM 315 and RM 399. Market pricing typically extends from RM 318.07 to RM 396.32, reflecting moderate variation in unit pricing. With an IQR of RM 78.25 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.