TAMAN LEMBAH SUNGAI

Area Intelligence
2024
Median Price
RM 322,000
PSF: RM 475

Residential PSF Trends

Median Price

RM 322,000

PSF: RM 475

TAMAN LEMBAH SUNGAI in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 322K and a median price per square foot (PSF) of RM 475.

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 322K, with most transactions falling within a stable range of RM 292K to RM 352K, and a typical market range of RM 302K to RM 343K.

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

For price per square foot, the median is RM 475, with most transactions between RM 431 and RM 519. The usual range is RM 444.75 to RM 505.25, showing that most units are priced quite close to each other. 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.

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TAMAN LEMBAH SUNGAI, Timur Laut, Penang

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