MEDAN LUMBA KUDA Property Investment Analysis

MEDAN LUMBA KUDA in Timur Laut, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 445K and a median price per square foot (PSF) of RM 559.

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 445K, with most transactions falling within a stable range of RM 418K to RM 473K, and a typical market range of RM 419K to RM 471K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 559, with most transactions between RM 524 and RM 593. The usual range is RM 526.25 to RM 590.75, showing that most units are priced quite close to each other. With an IQR of RM 64.50 and MAD of RM 35, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.