Taman Lembah Indah

14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 599,500
PSF
RM 286
Price Size
1,800 sqft
2-Sty Terrace
RM 490,000
Lorong Lembah Indah 3
1,798 sqft · RM 273 PSF
RM 499,000
Lorong Lembah Indah 3
1,798 sqft · RM 278 PSF
RM 480,000
Lorong Lembah Indah 4
1,798 sqft · RM 267 PSF
2,250 sqft
2-Sty Shop
RM 700,000
Lorong Lembah Indah7
2,260 sqft · RM 310 PSF
2,800 sqft
Bungalow
RM 820,000
Lorong Lembah Indah 9
2,788 sqft · RM 294 PSF
4,000 sqft
Bungalow
RM 1,557,000
Lorong Lembah Indah 8
4,004 sqft · RM 389 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 499,000

RM 278 psf

Median transaction price

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14, Jalan Lembah Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

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 286.

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 600K, with most transactions falling within a stable range of RM 480K to RM 978K, and a typical market range of RM 496K to RM 704K.

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

The median PSF stands at RM 286, with core pricing between RM 244 and RM 327. Market pricing typically extends from RM 246.75 to RM 325.00, reflecting moderate variation in unit pricing. With an IQR of RM 78.25 and MAD of RM 42, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.