Taman Lee Chuan Liew
37, Tingkat Binjai 10, Taman Sri Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
37, Tingkat Binjai 10, Taman Sri Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Makmur 2
|
RM 340,000
|
RM 285
|
1,195 sqft
|
|
|
|
Lorong Makmur 2
|
RM 350,000
|
RM 290
|
1,206 sqft
|
|
|
|
Lorong Makmur 2
|
RM 325,000
|
RM 272
|
1,197 sqft
|
|
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Market Snapshot
ResidentialRM 340,000
RM 285 psfMedian transaction price
37, Tingkat Binjai 10, Taman Sri Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Lee Chuan Liew in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 340K and a median price per square foot (PSF) of RM 285.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 330K to RM 350K, and a typical market range of RM 328K to RM 350K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 285, with most transactions between RM 277 and RM 292. The usual range is RM 275.57 to RM 293.57, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.