TAMAN BUDIMAN

Area Intelligence

2023

Median Price

RM 480,000

PSF: RM 270

Facebook X (Twitter)

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.

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

For price per square foot, the median is RM 270, with most transactions between RM 270 and RM 270. The usual range is RM 208.75 to RM 331.25, showing that most units are priced quite close to each other. With an IQR of RM 122.50 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

TAMAN BUDIMAN, Seberang Perai Tengah, Penang

OSM