Taman Lembah Indah
14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Lembah Indah 2
|
RM 379,000
|
RM 271
|
1,399 sqft
|
|
|
|
Lorong Lembah Indah 3
|
RM 429,000
|
RM 307
|
1,399 sqft
|
|
|
Lorong Lembah Indah 4
|
RM 550,000
|
RM 306
|
1,798 sqft
|
|
|
|
Lorong Lembah Indah 4
|
RM 500,000
|
RM 278
|
1,798 sqft
|
|
|
|
Lorong Lembah Indah 3
|
RM 499,000
|
RM 278
|
1,798 sqft
|
|
|
|
Lorong Lembah Indah 3
|
RM 500,000
|
RM 278
|
1,798 sqft
|
|
|
|
Lorong Lembah Indah 2
|
RM 515,000
|
RM 286
|
1,798 sqft
|
|
|
Lorong Lembah Indah 10
|
RM 950,000
|
RM 341
|
2,788 sqft
|
|
|
Lorong Lembah Indah 8
|
RM 1,557,000
|
RM 389
|
4,004 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 282 psfMedian transaction price
14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman 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 282.
This area contains both residential and commercial properties. View 39 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 130K to RM 871K, and a typical market range of RM 396K to RM 604K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 282, with core pricing between RM 238 and RM 327. Market pricing typically extends from RM 243.20 to RM 321.46, reflecting moderate variation in unit pricing. The spread of RM 78.25 (IQR) and deviation of RM 44 (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.