TAMAN BUDIMAN

Area Intelligence
2022
Median Price
RM 495,000
PSF: RM 380

Residential PSF Trends

Median Price

RM 495,000

PSF: RM 380

Commercial PSF Trends

Median Price

RM 680,000

RM 345 PSF

TAMAN BUDIMAN in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 495K and a median price per square foot (PSF) of RM 380.

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 495K, with most transactions falling within a stable range of RM 420K to RM 550K, and a typical market range of RM 370K to RM 550K.

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

The median PSF stands at RM 380, with core pricing between RM 318 and RM 442. Market pricing typically extends from RM 318.75 to RM 441.25, reflecting moderate variation in unit pricing. The spread of RM 122.50 (IQR) and deviation of RM 62 (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

3 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 495,000
LORONG BUDIMAN 10
1,302 sqft · RM 380 PSF
RM 550,000
LORONG BUDIMAN 10
1,302 sqft · RM 422 PSF
1,350 sqft
Single Storey Terraced
RM 370,000
JALAN ALMA JAYA 1
1,345 sqft · RM 275 PSF

No Properties For Sale

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

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