MEDAN LUMBA KUDA

Area Intelligence
2023
Median Price
RM 422,500
PSF: RM 531

Residential PSF Trends

Median Price

RM 422,500

PSF: RM 531

MEDAN LUMBA KUDA in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 423K and a median price per square foot (PSF) of RM 531.

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 423K, with most transactions falling within a stable range of RM 403K to RM 442K, and a typical market range of RM 400K to RM 445K.

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

For price per square foot, the median is RM 531, with most transactions between RM 505 and RM 556. The usual range is RM 502.25 to RM 558.75, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 25, 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.

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MEDAN LUMBA KUDA, Timur Laut, Penang

OSM

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Transactions

6 transactions grouped by size

800 sqft
Flat
RM 400,000
Level 5
797 sqft · RM 502 PSF
RM 410,000
Level 5
797 sqft · RM 515 PSF
RM 400,000
Level 1
797 sqft · RM 502 PSF
RM 435,000
Level 3
797 sqft · RM 546 PSF
RM 440,000
Level 2
797 sqft · RM 552 PSF
RM 450,000
Level 2
797 sqft · RM 565 PSF

No Properties For Sale

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

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