TAMAN LEMBAH INDAH

TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 499K and a median price per square foot (PSF) of RM 350.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 499K, with most transactions falling within a stable range of RM 480K to RM 913K, and a typical market range of RM 480K to RM 664K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 350, with most transactions between RM 316 and RM 384. The usual range is RM 308.00 to RM 392.00, showing that most units are priced quite close to each other. With an IQR of RM 84.00 and MAD of RM 34, 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.