TAMAN LEMBAH INDAH

Area Intelligence
2023
Median Price
RM 515,000
PSF: RM 381

Residential PSF Trends

Median Price

RM 515,000

PSF: RM 381

TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 515K and a median price per square foot (PSF) of RM 381.

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 515K, with most transactions falling within a stable range of RM 470K to RM 607K, and a typical market range of RM 470K to RM 623K.

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 381, with most transactions between RM 366 and RM 396. The usual range is RM 340.75 to RM 421.25, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 15, 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

4 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 480,000
LORONG LEMBAH INDAH 4
1,302 sqft · RM 369 PSF
RM 470,000
LORONG LEMBAH INDAH 3
1,302 sqft · RM 361 PSF
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

No Properties For Sale

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

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