TAMAN BUDIMAN

Area Intelligence
2023
Median Price
RM 150,000
PSF: RM 240

Residential PSF Trends

Median Price

RM 150,000

PSF: RM 240

Commercial PSF Trends

Median Price

RM 680,000

RM 345 PSF

TAMAN BUDIMAN in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 150K and a median price per square foot (PSF) of RM 240.

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 150K, with most transactions falling within a stable range of RM 120K to RM 209K, and a typical market range of RM 120K to RM 255K.

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 240, though individual units vary from RM 180 to RM 300 in the core range. The broader market spans RM 178.75 to RM 301.25, indicating diverse property characteristics. A wider spread (IQR: RM 122.50) and deviation (MAD: RM 60) indicate significant PSF variations, likely due to diverse property types or conditions.

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

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Transactions

5 transactions found

RM 150,000
Level 1
624 sqft RM 240.00 PSF
RM 120,000
Level 3
624 sqft RM 192.00 PSF
RM 245,000
LORONG BUDIMAN 8
743 sqft RM 330.00 PSF
RM 255,000
LORONG BUDIMAN 8
775 sqft RM 329.00 PSF
RM 125,000
Level 3
624 sqft RM 200.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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