TAMAN BUDIMAN in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 328K and a median price per square foot (PSF) of RM 316.
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 328K, with most transactions falling within a stable range of RM 141K to RM 515K, and a typical market range of RM 138K to RM 518K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 316, with core pricing between RM 260 and RM 372. Market pricing typically extends from RM 254.75 to RM 377.25, reflecting moderate variation in unit pricing. 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.
