TAMAN BUDIMAN

Area Intelligence
11 subsale transactions
2023
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Median Price
RM 480,000
PSF: RM 270

Residential PSF Trends

Median Price

RM 245,000

PSF: RM 240

Commercial PSF Trends

Median Price

RM 589,000

RM 308 PSF

TAMAN BUDIMAN in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 270.

This area contains both residential and commercial properties. View 22 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 480K, with most transactions falling within a stable range of RM 244K to RM 716K, and a typical market range of RM 290K to RM 670K.

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 270, though individual units vary from RM 210 to RM 330 in the core range. The broader market spans RM 208.75 to RM 331.25, indicating diverse property characteristics. The spread of RM 122.50 (IQR) and deviation of RM 60 (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 BUDIMAN, Seberang Perai Tengah, Penang

OSM

Transactions

11 transactions grouped by size

600 sqft
Low-Cost Flat
RM 150,000
Level 1
624 sqft · RM 240.00 PSF
Dec 2023
RM 120,000
Level 3
624 sqft · RM 192.00 PSF
Sep 2023
RM 125,000
Level 3
624 sqft · RM 200.00 PSF
Feb 2023
750 sqft
Double Storey Terraced
RM 245,000
LORONG BUDIMAN 8
743 sqft · RM 330.00 PSF
Jul 2023
800 sqft
Double Storey Terraced
RM 255,000
LORONG BUDIMAN 8
775 sqft · RM 329.00 PSF
Jul 2023
1,450 sqft
Double Storey Shop
RM 498,000
JALAN SELADANG 1
1,442 sqft · RM 345.00 PSF
Feb 2023
1,800 sqft
Single Storey Shop
RM 700,000
JALAN KHIDMAT
1,798 sqft · RM 389.00 PSF
Oct 2023
RM 480,000
JALAN KHIDMAT
1,776 sqft · RM 270.00 PSF
Sep 2023
2,400 sqft
Double Storey Semi-D
RM 570,000
LORONG BUDIMAN 6
2,379 sqft · RM 240.00 PSF
Oct 2023
2,650 sqft
RM 680,000
Double Storey Shop JALAN SELADANG 1
2,659 sqft · RM 256.00 PSF
Sep 2023
RM 775,000
Double Storey Semi-D JALAN BUDIMAN 2
2,648 sqft · RM 293.00 PSF
Apr 2023