Penang
Seberang Perai Tengah
14
TAMAN LEMBAH INDAH

TAMAN LEMBAH INDAH

Area Intelligence

2022

Median Price

RM 500,000

PSF: RM 349

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 349

TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 349.

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 500K, with most transactions falling within a stable range of RM 130K to RM 871K, and a typical market range of RM 393K to RM 608K.

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

The median PSF stands at RM 349, with core pricing between RM 295 and RM 403. Market pricing typically extends from RM 308.75 to RM 389.25, reflecting moderate variation in unit pricing. The spread of RM 80.50 (IQR) and deviation of RM 54 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN LEMBAH INDAH, Seberang Perai Tengah, Penang

OSM

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Transactions

10 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 130,000

Level 15

614 sqft • RM 212.00 PSF

Dec 2022

RM 550,000

LORONG LEMBAH INDAH 4

1,399 sqft • RM 393.00 PSF

Oct 2022

RM 500,000

LORONG LEMBAH INDAH 4

1,399 sqft • RM 357.00 PSF

Sep 2022

RM 499,000

LORONG LEMBAH INDAH 3

1,302 sqft • RM 383.00 PSF

Aug 2022

RM 1,557,000

LORONG LEMBAH INDAH 8

4,004 sqft • RM 389.00 PSF

Jun 2022

RM 500,000

LORONG LEMBAH INDAH 3

1,399 sqft • RM 357.00 PSF

May 2022

RM 379,000

LORONG LEMBAH INDAH 2

1,302 sqft • RM 291.00 PSF

Apr 2022

RM 429,000

LORONG LEMBAH INDAH 3

1,399 sqft • RM 307.00 PSF

Apr 2022

RM 515,000

LORONG LEMBAH INDAH 2

1,722 sqft • RM 299.00 PSF

Mar 2022

RM 950,000

LORONG LEMBAH INDAH 10

2,788 sqft • RM 341.00 PSF

Feb 2022

Road	Price	Land PSF	Land	Date	Type
Level 15	RM 130,000	RM 212.00	614 sqft	Dec 2022	Condo/Apartment
LORONG LEMBAH INDAH 4	RM 550,000	RM 393.00	1,399 sqft	Oct 2022	Double Storey Terraced
LORONG LEMBAH INDAH 4	RM 500,000	RM 357.00	1,399 sqft	Sep 2022	Double Storey Terraced
LORONG LEMBAH INDAH 3	RM 499,000	RM 383.00	1,302 sqft	Aug 2022	Double Storey Terraced
LORONG LEMBAH INDAH 8	RM 1,557,000	RM 389.00	4,004 sqft	Jun 2022	Bungalow
LORONG LEMBAH INDAH 3	RM 500,000	RM 357.00	1,399 sqft	May 2022	Double Storey Terraced
LORONG LEMBAH INDAH 2	RM 379,000	RM 291.00	1,302 sqft	Apr 2022	Double Storey Terraced
LORONG LEMBAH INDAH 3	RM 429,000	RM 307.00	1,399 sqft	Apr 2022	Double Storey Terraced
LORONG LEMBAH INDAH 2	RM 515,000	RM 299.00	1,722 sqft	Mar 2022	Double Storey Terraced
LORONG LEMBAH INDAH 10	RM 950,000	RM 341.00	2,788 sqft	Feb 2022	Bungalow