Taman Lembah Permai Indah

Taman Lembah Permai Indah in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 810K and a median price per square foot (PSF) of RM 319.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 810K, with most transactions falling within a stable range of RM 750K to RM 1.20 million, and a typical market range of RM 762K to RM 858K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 319, with most transactions between RM 299 and RM 340. The usual range is RM 280.24 to RM 358.74, showing that most units are priced quite close to each other. With an IQR of RM 78.50 and MAD of RM 20, 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.