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 480K to RM 571K, and a typical market range of RM 480K to RM 670K.

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 213 to RM 327 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 57 (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

1,450 sqft
Double Storey Shop
RM 498,000
JALAN SELADANG 1
1,442 sqft · RM 345 PSF
1,800 sqft
Single Storey Shop
RM 700,000
JALAN KHIDMAT
1,798 sqft · RM 389 PSF
RM 480,000
JALAN KHIDMAT
1,776 sqft · RM 270 PSF
2,400 sqft
Double Storey Semi-D
RM 570,000
LORONG BUDIMAN 6
2,379 sqft · RM 240 PSF
2,650 sqft
Double Storey Shop
RM 680,000
JALAN SELADANG 1
2,659 sqft · RM 256 PSF

No Properties For Sale

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

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