TAMAN BUDIMAN

Area Intelligence
2023
Median Price
RM 480,000
PSF: RM 270

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. The median price is RM 480K, with most transactions falling within a stable range of RM 421K to RM 255K, and a typical market range of RM 290K 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 270, though individual units vary from RM 210 to RM 330 in the core range. The broader market spans RM 208.75 to RM 331.25, indicating diverse property characteristics. The spread of RM 122.50 (IQR) and deviation of RM 60 (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.

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TAMAN BUDIMAN, Seberang Perai Tengah, Penang

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Transactions

5 transactions grouped by size

600 sqft
Low-Cost Flat
RM 150,000
Level 1
624 sqft · RM 240 PSF
RM 120,000
Level 3
624 sqft · RM 192 PSF
RM 125,000
Level 3
624 sqft · RM 200 PSF
750 sqft
Double Storey Terraced
RM 245,000
LORONG BUDIMAN 8
743 sqft · RM 330 PSF
800 sqft
Double Storey Terraced
RM 255,000
LORONG BUDIMAN 8
775 sqft · RM 329 PSF

No Properties For Sale

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

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