TAMAN LEMBAH INDAH

TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 499K and a median price per square foot (PSF) of RM 350.

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 480K to RM 637K, and a typical market range of RM 480K to RM 607K.

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

Price per square foot shows a median of RM 350, though individual units vary from RM 250 to RM 450 in the core range. The broader market spans RM 309.75 to RM 390.25, indicating diverse property characteristics. A wider spread (IQR: RM 80.50) and deviation (MAD: RM 100) indicate significant PSF variations, likely due to diverse property types or conditions.

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.