Penang
Seberang Perai Tengah
14
TAMAN LEMBAH INDAH

TAMAN LEMBAH INDAH

Area Intelligence

2022

Median Price

RM 500,000

PSF: RM 349

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 349

TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 349.

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 500K, with most transactions falling within a stable range of RM 368K to RM 500K, and a typical market range of RM 393K to RM 500K.

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

The median PSF stands at RM 349, with core pricing between RM 292 and RM 406. Market pricing typically extends from RM 308.75 to RM 389.25, reflecting moderate variation in unit pricing. The spread of RM 80.50 (IQR) and deviation of RM 57 (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. 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

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

600 sqft

Condo/Apartment

600 sqft

Condo/Apartment

RM 130,000

Level 15

614 sqft · RM 212 PSF

Dec 2022

Level 15

RM 130,000

RM 212

614 sqft

Dec 2022

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 499,000

LORONG LEMBAH INDAH 3

1,302 sqft · RM 383 PSF

Aug 2022

RM 379,000

LORONG LEMBAH INDAH 2

1,302 sqft · RM 291 PSF

Apr 2022

LORONG LEMBAH INDAH 3	RM 499,000	RM 383	1,302 sqft	Aug 2022
LORONG LEMBAH INDAH 2	RM 379,000	RM 291	1,302 sqft	Apr 2022

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 500,000

LORONG LEMBAH INDAH 4

1,399 sqft · RM 357 PSF

Sep 2022

RM 500,000

LORONG LEMBAH INDAH 3

1,399 sqft · RM 357 PSF

May 2022

RM 429,000

LORONG LEMBAH INDAH 3

1,399 sqft · RM 307 PSF

Apr 2022

LORONG LEMBAH INDAH 4	RM 500,000	RM 357	1,399 sqft	Sep 2022
LORONG LEMBAH INDAH 3	RM 500,000	RM 357	1,399 sqft	May 2022
LORONG LEMBAH INDAH 3	RM 429,000	RM 307	1,399 sqft	Apr 2022