TAMAN BUDIMAN in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 150K and a median price per square foot (PSF) of RM 240.
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 150K, with most transactions falling within a stable range of RM -37,000 to RM 337K, and a typical market range of RM -40,000 to RM 340K.
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 240, though individual units vary from RM 184 to RM 296 in the core range. The broader market spans RM 178.75 to RM 301.25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
