TAMAN BUDIMAN

Area Intelligence

2022

Median Price

RM 550,000

PSF: RM 251

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Residential PSF Trends

Median Price

RM 550,000

PSF: RM 251

Commercial PSF Trends

Median Price

RM 680,000

RM 345 PSF

TAMAN BUDIMAN in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 251.

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 550K, with most transactions falling within a stable range of RM 366K to RM 734K, and a typical market range of RM 360K to RM 740K.

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 251, though individual units vary from RM 164 to RM 338 in the core range. The broader market spans RM 189.75 to RM 312.25, indicating diverse property characteristics. A wider spread (IQR: RM 122.50) and deviation (MAD: RM 87) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUDIMAN, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

9 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 370,000

JALAN ALMA JAYA 1

1,345 sqft • RM 275.00 PSF

Nov 2022

RM 685,000

JALAN BUDIMAN 2

2,465 sqft • RM 278.00 PSF

Sep 2022

RM 495,000

LORONG BUDIMAN 10

1,302 sqft • RM 380.00 PSF

Sep 2022

RM 750,000

LORONG BUDIMAN 8

4,908 sqft • RM 153.00 PSF

Sep 2022

RM 88,000

Level 1

624 sqft • RM 141.00 PSF

Aug 2022

RM 550,000

LORONG BUDIMAN 10

1,302 sqft • RM 422.00 PSF

May 2022

RM 590,000

LORONG BUDIMAN 5

2,390 sqft • RM 247.00 PSF

Apr 2022

RM 600,000

LORONG BUDIMAN 5

2,390 sqft • RM 251.00 PSF

Apr 2022

RM 450,000

LORONG BUDIMAN 9

2,056 sqft • RM 219.00 PSF

Feb 2022

Road	Price	Land PSF	Land	Date	Type
JALAN ALMA JAYA 1	RM 370,000	RM 275.00	1,345 sqft	Nov 2022	Single Storey Terraced
JALAN BUDIMAN 2	RM 685,000	RM 278.00	2,465 sqft	Sep 2022	Double Storey Semi-D
LORONG BUDIMAN 10	RM 495,000	RM 380.00	1,302 sqft	Sep 2022	Double Storey Terraced
LORONG BUDIMAN 8	RM 750,000	RM 153.00	4,908 sqft	Sep 2022	Bungalow
Level 1	RM 88,000	RM 141.00	624 sqft	Aug 2022	Low-Cost Flat
LORONG BUDIMAN 10	RM 550,000	RM 422.00	1,302 sqft	May 2022	Double Storey Terraced
LORONG BUDIMAN 5	RM 590,000	RM 247.00	2,390 sqft	Apr 2022	Double Storey Semi-D
LORONG BUDIMAN 5	RM 600,000	RM 251.00	2,390 sqft	Apr 2022	Double Storey Semi-D
LORONG BUDIMAN 9	RM 450,000	RM 219.00	2,056 sqft	Feb 2022	Double Storey Terraced