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
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lorong Lembah Indah 8
|
RM 1,168,000
|
RM 292
|
4,004 sqft
|
|
Bungalow |
|
Lorong Lembah Indah 4
|
RM 480,000
|
RM 267
|
1,798 sqft
|
|
2-Sty Terrace |
|
Lorong Lembah Indah 4
|
RM 699,000
|
RM 389
|
1,798 sqft
|
|
2-Sty Terrace |
|
Lorong Lembah Indah 4
|
RM 550,000
|
RM 306
|
1,798 sqft
|
|
2-Sty Terrace |
|
Lorong Lembah Indah 9
|
RM 1,975,000
|
RM 260
|
7,599 sqft
|
|
Bungalow |
|
Lorong Lembah Indah 10
|
RM 650,000
|
RM 233
|
2,788 sqft
|
|
Bungalow |
|
Lorong Lembah Indah 3
|
RM 470,000
|
RM 261
|
1,798 sqft
|
|
2-Sty Terrace |
|
Lorong Lembah Indah 8
|
RM 1,300,000
|
RM 326
|
3,993 sqft
|
|
Bungalow |
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Market Snapshot
ResidentialRM 674,500
RM 279 psfMedian transaction price
14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Lembah Indah in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 675K and a median price per square foot (PSF) of RM 279.
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 675K, with most transactions falling within a stable range of RM 470K to RM 1.17 million, and a typical market range of RM 571K to RM 779K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 279, with core pricing between RM 234 and RM 325. Market pricing typically extends from RM 240.24 to RM 318.49, reflecting moderate variation in unit pricing. The spread of RM 78.25 (IQR) and deviation of RM 46 (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.