MEDAN LUMBA KUDA in Timur Laut, Penang recorded 0 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025 for soho/sofo/sovo properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 565.
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 450K, with most transactions falling within a stable range of RM 430K to RM 470K, and a typical market range of RM 428K to RM 473K.
Within the SOHO/SOFO/SOVO category, flats dominated the market, with minimal variety in property types.
For price per square foot, the median is RM 565, with most transactions between RM 540 and RM 590. The usual range is RM 536.75 to RM 593.25, 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.
