TAMAN LEMBAH INDAH

Area Intelligence
6 subsale transactions
2024
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Median Price
RM 599,500
PSF: RM 367

Residential PSF Trends

Median Price

RM 499,000

PSF: RM 350

Commercial PSF Trends

Median Price

RM 700,000

RM 581 PSF

TAMAN LEMBAH INDAH in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 367.

This area contains both residential and commercial properties. View 30 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 600K, with most transactions falling within a stable range of RM 480K to RM 978K, and a typical market range of RM 480K to RM 734K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 367, though individual units vary from RM 276 to RM 457 in the core range. The broader market spans RM 323.00 to RM 410.00, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 91 (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.

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TAMAN LEMBAH INDAH, Seberang Perai Tengah, Penang

OSM

Transactions

6 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,200 sqft
Double Storey Shop
RM 700,000
LORONG LEMBAH INDAH7
1,206 sqft · RM 581.00 PSF
Mar 2024
1,300 sqft
Double Storey Terraced
RM 499,000
LORONG LEMBAH INDAH 3
1,302 sqft · RM 383.00 PSF
Jul 2024
1,400 sqft
Double Storey Terraced
RM 490,000
LORONG LEMBAH INDAH 3
1,399 sqft · RM 350.00 PSF
Aug 2024
RM 480,000
LORONG LEMBAH INDAH 4
1,399 sqft · RM 343.00 PSF
Feb 2024
2,800 sqft
Bungalow
RM 820,000
LORONG LEMBAH INDAH 9
2,788 sqft · RM 294.00 PSF
Aug 2024
4,000 sqft
Bungalow
RM 1,557,000
LORONG LEMBAH INDAH 8
4,004 sqft · RM 389.00 PSF
Jul 2024