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
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Lorong Lembah Indah 3
|
RM 493,000
|
RM 274
|
1,798 sqft
|
|
2-Sty Terrace |
|
Lorong Lembah Indah 10
|
RM 871,000
|
RM 312
|
2,788 sqft
|
|
Bungalow |
|
Lorong Lembah Indah 3
|
RM 407,000
|
RM 226
|
1,798 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 493,000
RM 274 psfMedian transaction price
14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Lembah Indah in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 493K and a median price per square foot (PSF) of RM 274.
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 493K, with most transactions falling within a stable range of RM 407K to RM 695K, and a typical market range of RM 407K to RM 597K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 274, with core pricing between RM 239 and RM 309. Market pricing typically extends from RM 235.14 to RM 313.39, reflecting moderate variation in unit pricing. With an IQR of RM 78.25 and MAD of RM 35, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.