TAMAN LEMBAH INDAH

Area Intelligence
2023
Median Price
RM 674,500
PSF: RM 344

Residential PSF Trends

Median Price

RM 674,500

PSF: RM 344

TAMAN 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 344.

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 675K, with most transactions falling within a stable range of RM 1.17 million to RM 1.03 million, and a typical market range of RM 1.17 million to RM 782K.

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

For price per square foot, the median is RM 344, with most transactions between RM 317 and RM 370. The usual range is RM 303.25 to RM 383.75, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 27, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN LEMBAH INDAH, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 550,000
LORONG LEMBAH INDAH 4
1,399 sqft · RM 393 PSF
1,750 sqft
Double Storey Terraced
RM 699,000
LORONG LEMBAH INDAH 4
1,765 sqft · RM 396 PSF
2,800 sqft
Bungalow
RM 650,000
LORONG LEMBAH INDAH 10
2,788 sqft · RM 233 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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