TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 212.
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 130K, with most transactions falling within a stable range of RM 15K to RM 245K, and a typical market range of RM 23K to RM 238K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 212, with core pricing between RM 171 and RM 253. Market pricing typically extends from RM 171.75 to RM 252.25, reflecting moderate variation in unit pricing. The spread of RM 80.50 (IQR) and deviation of RM 41 (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.
