Taman Budiman
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Alma Jaya 1
|
RM 370,000
|
RM 275
|
1,345 sqft
|
|
Terrace |
|
Jalan Budiman 2
|
RM 685,000
|
RM 278
|
2,465 sqft
|
|
Semi-D |
|
Lorong Budiman 10
|
RM 495,000
|
RM 284
|
1,744 sqft
|
|
2-Sty Terrace |
|
Lorong Budiman 8
|
RM 750,000
|
RM 153
|
4,908 sqft
|
|
Bungalow |
|
Level 1
|
RM 88,000
|
RM 141
|
624 sqft
|
|
LC Flat |
|
Lorong Budiman 10
|
RM 550,000
|
RM 315
|
1,744 sqft
|
|
2-Sty Terrace |
|
Lorong Budiman 5
|
RM 590,000
|
RM 247
|
2,390 sqft
|
|
Semi-D |
|
Lorong Budiman 5
|
RM 600,000
|
RM 251
|
2,390 sqft
|
|
Semi-D |
|
Lorong Budiman 9
|
RM 450,000
|
RM 258
|
1,744 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 550,000
RM 258 psfMedian transaction price
Taman Budiman, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 258.
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 258, though individual units vary from RM 202 to RM 314 in the core range. The broader market spans RM 196.81 to RM 319.31, indicating diverse property characteristics. The spread of RM 122.50 (IQR) and deviation of RM 56 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.