TAMAN LEMBAH INDAH

Area Intelligence
2022
Median Price
RM 499,000
PSF: RM 278

Residential PSF Trends

Median Price

RM 499,000

PSF: RM 278

TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, priced between RM 300K and RM 500K, with a median price of RM 499K and a median price per square foot (PSF) of RM 278.

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 499K, with most transactions falling within a stable range of RM 450K to RM 500K, and a typical market range of RM 392K to RM 500K.

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 278, with most transactions between RM 266 and RM 291. The usual range is RM 237.90 to RM 318.40, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 12, 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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Property Transactions

5 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 379,000
LORONG LEMBAH INDAH 2
1,399 sqft · RM 271 PSF
RM 429,000
LORONG LEMBAH INDAH 3
1,399 sqft · RM 307 PSF
1,800 sqft
Double Storey Terraced
RM 500,000
LORONG LEMBAH INDAH 4
1,798 sqft · RM 278 PSF
RM 499,000
LORONG LEMBAH INDAH 3
1,798 sqft · RM 278 PSF
RM 500,000
LORONG LEMBAH INDAH 3
1,798 sqft · RM 278 PSF

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

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