TAMAN LEAN FUNG (BW SEC. 1)

Area Intelligence

2024

Median Price

RM 667,500

PSF: RM 477

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Residential PSF Trends

Median Price

RM 667,500

PSF: RM 477

TAMAN LEAN FUNG (BW SEC. 1) in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 668K and a median price per square foot (PSF) of RM 477.

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 668K, with most transactions falling within a stable range of RM 645K to RM 691K, and a typical market range of RM 645K to RM 700K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 477, with most transactions between RM 460 and RM 494. The usual range is RM 427.00 to RM 527.00, showing that most units are priced quite close to each other. With an IQR of RM 100.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN LEAN FUNG (BW SEC. 1), Seberang Perai Utara, Penang

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Transactions

3 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 700,000

TINGKAT KENANGA

1,399 sqft · RM 500 PSF

Oct 2024

RM 645,000

LINTANG. KENANGA

1,399 sqft · RM 461 PSF

Jun 2024

RM 690,000

LINTANG KENANGA , RAJA UDA

1,399 sqft · RM 493 PSF

May 2024

TINGKAT KENANGA	RM 700,000	RM 500	1,399 sqft	Oct 2024
LINTANG. KENANGA	RM 645,000	RM 461	1,399 sqft	Jun 2024
LINTANG KENANGA , RAJA UDA	RM 690,000	RM 493	1,399 sqft	May 2024