TAMAN BUDIMAN

Area Intelligence
2022
Median Price
RM 595,000
PSF: RM 249

Residential PSF Trends

Median Price

RM 595,000

PSF: RM 249

Commercial PSF Trends

Median Price

RM 680,000

RM 345 PSF

TAMAN BUDIMAN in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 595K and a median price per square foot (PSF) of RM 249.

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 595K, with most transactions falling within a stable range of RM 511K to RM 679K, and a typical market range of RM 450K to RM 685K.

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

For price per square foot, the median is RM 249, with most transactions between RM 228 and RM 270. The usual range is RM 187.75 to RM 310.25, showing that most units are priced quite close to each other. With an IQR of RM 122.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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

4 transactions grouped by size

2,050 sqft
Double Storey Terraced
RM 450,000
LORONG BUDIMAN 9
2,056 sqft · RM 219 PSF
2,400 sqft
Double Storey Semi-D
RM 590,000
LORONG BUDIMAN 5
2,390 sqft · RM 247 PSF
RM 600,000
LORONG BUDIMAN 5
2,390 sqft · RM 251 PSF
2,450 sqft
Double Storey Semi-D
RM 685,000
JALAN BUDIMAN 2
2,465 sqft · RM 278 PSF

No Properties For Sale

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

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