TAMAN LEMBAH SUNGAI Property Investment Analysis
TAMAN LEMBAH SUNGAI in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 270K and a median price per square foot (PSF) of RM 398.
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 270K, with most transactions falling within a stable range of RM 240K to RM 300K, and a typical market range of RM 250K to RM 291K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 398, with core pricing between RM 354 and RM 442. Market pricing typically extends from RM 367.75 to RM 428.25, reflecting moderate variation in unit pricing. With an IQR of RM 60.50 and MAD of RM 44, 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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Condominium/Apartment |
|
RM 322,000
|
RM 475.00
|
678 sqft
|
Sep 2024
|
Flat |
|
RM 240,000
|
RM 354.00
|
678 sqft
|
Jun 2023
|
Flat |
|
RM 270,000
|
RM 398.00
|
678 sqft
|
Jan 2023
|