Penang
Timur Laut
Georgetown
MEDAN LUMBA KUDA

MEDAN LUMBA KUDA

Area Intelligence

2023

Median Price

RM 435,000

PSF: RM 546

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 435,000

PSF: RM 546

MEDAN LUMBA KUDA in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 435K and a median price per square foot (PSF) of RM 546.

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 435K, with most transactions falling within a stable range of RM 400K to RM 659K, and a typical market range of RM 413K to RM 458K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 546, with most transactions between RM 505 and RM 587. The usual range is RM 517.75 to RM 574.25, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 41, 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.

Loading map...

MEDAN LUMBA KUDA, Timur Laut, Penang

OSM

Track location

Transactions

7 transactions grouped by size

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

Clear

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

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

800 sqft

Flat

800 sqft

Flat

RM 400,000

Level 5

797 sqft · RM 502 PSF

Jul 2023

RM 410,000

Level 5

797 sqft · RM 515 PSF

Jul 2023

RM 400,000

Level 1

797 sqft · RM 502 PSF

Jun 2023

RM 435,000

Level 3

797 sqft · RM 546 PSF

Jun 2023

RM 440,000

Level 2

797 sqft · RM 552 PSF

May 2023

RM 450,000

Level 2

797 sqft · RM 565 PSF

May 2023

Level 5	RM 400,000	RM 502	797 sqft	Jul 2023
Level 5	RM 410,000	RM 515	797 sqft	Jul 2023
Level 1	RM 400,000	RM 502	797 sqft	Jun 2023
Level 3	RM 435,000	RM 546	797 sqft	Jun 2023
Level 2	RM 440,000	RM 552	797 sqft	May 2023
Level 2	RM 450,000	RM 565	797 sqft	May 2023