TAMAN LEMBAH SUNGAI

TAMAN LEMBAH SUNGAI in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 255K and a median price per square foot (PSF) of RM 376.

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 255K, with most transactions falling within a stable range of RM 225K to RM 285K, and a typical market range of RM 235K to RM 276K.

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

The median PSF stands at RM 376, with core pricing between RM 332 and RM 420. Market pricing typically extends from RM 345.75 to RM 406.25, 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.