TAMAN BUDIMAN

Area Intelligence

2024

Median Price

RM 140,000

PSF: RM 224

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Residential PSF Trends

Median Price

RM 140,000

PSF: RM 224

Commercial PSF Trends

Median Price

RM 680,000

RM 345 PSF

TAMAN BUDIMAN in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 140K and a median price per square foot (PSF) of RM 224.

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 140K, with most transactions falling within a stable range of RM 125K to RM 155K, and a typical market range of RM 125K to RM 155K.

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

The median PSF stands at RM 224, with core pricing between RM 200 and RM 248. Market pricing typically extends from RM 162.75 to RM 285.25, reflecting moderate variation in unit pricing. With an IQR of RM 122.50 and MAD of RM 24, 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.

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TAMAN BUDIMAN, Seberang Perai Tengah, Penang

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